It has grown in big spurts through aggressive deal-making and heavy borrowing, and its debt burden -- $2.1 billion at year-end -- means constant pressure to control expenses.
Auctions to effectively allocate resources, like public pollution control expenses, could increase competition and maximize revenues in private markets for pollution control.
Auctions for public pollution control expenses could be a way to deal with some of the most intractable sources of pollution including nonpoint pollution sources.
