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Assume the parameters in the following spreadsheet characterize coal plants and natural gas plants. Use the data to construct a curve that describes the relationship
Assume the parameters in the following spreadsheet characterize coal plants and natural gas plants. Use the data to construct a curve that describes the relationship between the price of natural gas and the price of CO2 at which new natural gas combined cycle power plants will be built to displace 100% of existing coal plants if coal price is $1.20/mmbtu
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