The energy sector stands to receive a substantial sum as part of the Obama administration's plan to fund infrastructure modernization programs. A cornerstone of the economic revival plan promotes renewable energy. A separate initiative proposes to regulate greenhouse gas emissions, including carbon. In pursuing both initiatives as well as the broader electric power infrastructure investment, the author would advise elected officials to keep in mind five principles: affordability, technical practicality, efficient use of capital, supply security and environmental responsibility. These five principles can help ensure that any investment headed toward the electric power generation industry is effectively and productively put to work.
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