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According to David Stedman, an analyst with Daiwa Institute of Research, the Chinese market for LNG is opening up despite the availability of low-cost, dirty coal.
Not surprisingly, Harvest Power's business model works best on the east and west coasts of the US, where landfill capacity is tight and thus tipping fees are high, and where electricity prices tend to be higher than in the middle of the country, which burns a lot of low-cost but dirty coal.
Dave Jones, policy analyst at energy thinktank Sandbag, said the fundamental problem preventing the phase out of dirty coal-fired power plants was the very low cost of pollution permits in the EU's emissions trading scheme (EU ETS).
Cost: Free or low cost.
At very low cost.
It's low cost.
Pros: Low cost.
The biggest attraction, however, is low cost.
"We were working with very low cost.
Low cost is better than high cost.
Low cost drag High cost drag.
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