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- A practical guide to SEC ï¬nancial reporting and disclosures for successful regulatory crowdfunding
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Rajghat Power House: The Economy or the Environment
內容大綱
In response to a recommendation at a government-sponsored power forum, Delhi's aging and inefficient Rajghat Power House (RPH) was scheduled to close its doors. The coal-based plant had reached the end of its 25-year useful life, and its outdated equipment spewed toxins into Delhi's air and water on a daily basis. Environmentalist bodies and power-distributing units in Delhi had made similar recommendations for the RPH's closure over the years, and while the government had gone so far as to approve some of those plans, nothing had ever come of them. With the arrival of the forum's recommended date of October 2015 for the plant's closure, Delhi's government officials faced a difficult decision. Should they ignore the environmental degradation to achieve a high growth rate in the short run, or should they protect the environment to achieve a sustainable growth rate in the long run?