Last week, an advisor to President Obama provided further context, advocating a "war on coal:"
Daniel P. Schrag, a White House climate adviser and director of the Harvard University Center for the Environment, tells the New York Times "a war on coal is exactly what's needed." Later today, President Obama will give a major "climate change" address at Georgetown University.Record electricity prices were seen in the United States in May.
“Everybody is waiting for action,” Schrag tells the paper. “The one thing the president really needs to do now is to begin the process of shutting down the conventional coal plants. Politically, the White House is hesitant to say they’re having a war on coal. On the other hand, a war on coal is exactly what’s needed."
This news should affect decisions about how buildings are heated, pricing strategies for rental units and whether utilities should be included in the tenants' rental package.