←back to thread

Deregulated energy markets accelerate solar adoption

(seanobannon.substack.com)
71 points seanobannon | 2 comments | 24 Mar 25 16:05 UTC | HN request time: 0.409s | source
Show context
nomercy400 ◴[24 Mar 25 17:06 UTC] No.43463163[source]▶
Deregulating a basic human need and leaving it to the 'market' to solve this. This sounds a lot like other privatization efforts of the past decades.

In my country healthcare, child support, energy, national railway, postal services, public housing, banking and more have all been privatized.

I worry about this. Not for now, but for 20 years in the future, where all energy is managed by companies and the government can no longer control the market due to being 'too big too fail' and because it gave all control away.

replies(4): >>43463263 #>>43463345 #>>43463387 #>>43463619 #
naasking ◴[24 Mar 25 17:16 UTC] No.43463263[source]▶
There is nothing wrong with markets solving basic human needs as long as the incentives are properly aligned.
replies(5): >>43463319 #>>43463343 #>>43463395 #>>43463408 #>>43463458 #
1. andrepd ◴[24 Mar 25 17:25 UTC] No.43463343[source]▶
Yes it does, because it leaves the fulfillment of those necessities to the whims of the market. If suddenly an endeavour is not profitable any more, or is simply less profitable than an alternative, what happens? You have to subsidise it, at great cost, leaving you at the mercy of those privatised concerns.

Neither public services nor private enterprise is a silver bullet to everything.

replies(1): >>43470444 #
2. naasking ◴[25 Mar 25 12:33 UTC] No.43470444[source]▶
> If suddenly an endeavour is not profitable any more, or is simply less profitable than an alternative, what happens?

They pivot or they slowly die.