The Debt Equity Choice In The North American Aluminum Industry

As a heavy user of electricity the primary aluminium smelting industry is a leading example of the effects of variations in energy costs. This title tells the story that with the rise in energy costs, three regions—Japan, the United States, and Western Europe –have become high-cost locations for primary aluminium production relative to three other regions—Australia, Brazil, and Canada. First published in 1988, this volume presents an analysis of the public policy choices regarding the aluminium industry and electric power in both low-cost power countries and high-cost power countries. The World Aluminium Industry in a Changing Energy World is ideal for policy makers and students interested in environmental studies.