ENERGY AND TRANSPORTATION...BOTH NEED A NEW LOOK

A barebones, minimum-operating framework which the utility, coal and rail industries must have to obtain the additional financing needed to meet the energy demand through consumption of coal is presented: (1) the utility industry must be assured that strict stack emission standards will be moderated until engineering solutions to emission control are found; (2) the coal industry must be assured that reasonable standards of safety and environmental protection will be fairly interpreted and enforced; (3) the railroad industry must be assured that regulatory agencies will permit prompt and reasonable rate adjustments to absorb increased wage and material costs; (4) the railroad industry must be assured that its investments in equipment and track will receive a fair return and that it will not be required to contribute its investment to the public through enforced service at confiscatory rates; and (5) the railroad industry must be assured of adequate fuel and other materials so it in turn can haul fuel and materials for the economy in the most economical way. Any system of rationing must take into consideration the relationship of the industry involved to the welfare of the country as a whole.

  • Availability:
  • Corporate Authors:

    Murphy-Richter Publishing Company

    20 North Wacker Driver
    Chicago, IL  USA  60606
  • Authors:
    • Fishwick, J P
  • Publication Date: 1974-1

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 00053841
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Jun 3 1974 12:00AM