Why District Steam Heat Flopped in Gilded Age New York
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Dec. 27 (Bloomberg) -- In this age of extreme weather,blizzards seem more and more frequent, with increasing costs tothe U.S. economy.
There is no shortage of smart solutions to minimize theimpact. Sometimes, however, the expense of beating the weathercan exceed the benefits, as the backers of district steam heatin New York City found out more than a century ago.