The U.S. has an insatiable appetite for electricity. By 1979, the nation's utilities must increase their generating capacity from 300 million kilowatts to more than one billion. They must build at least 250 large new power plants. Meanwhile, they confront rising revulsion against the pollution caused by such plants. Says Lee White, the outgoing chairman of the Federal Power Commission: "The major problem that the industry faces is the sharply increased concern of the U.S. over environmental considerations."
No man is more agonizingly aware of this than Charles Franklin Luce, chairman of New York City's Consolidated Edison, the world's...
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