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Deregulated energy markets accelerate solar adoption

(seanobannon.substack.com)
71 points seanobannon | 1 comments | 24 Mar 25 16:05 UTC | HN request time: 0.21s | source
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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.

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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.
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monadINtop ◴[24 Mar 25 17:22 UTC] No.43463319[source]▶
And in what world is the incentive of cutting costs and price gouging - of necessities no less - aligned with the incentives of the vast majority of mankind who would just like energy, healthcare, housing, public infrastructure, etc. to be as affordable and high quality as possible.
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kccqzy ◴[24 Mar 25 17:26 UTC] No.43463360[source]▶
The incentive of cutting costs directly leads to affordability.
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1. ahf8Aithaex7Nai ◴[24 Mar 25 17:38 UTC] No.43463497[source]▶
Companies cut costs to increase their profits, not to pass the cost savings on to customers. If there is price pressure, they may pass on the savings. But at the latest when the market is sufficiently consolidated, they will prefer to keep these savings themselves. And even if this were not the case, there would still be no direct implication of affordability.