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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: 0.359s | 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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outer_web ◴[24 Mar 25 17:35 UTC] No.43463458[source]▶
How does one properly align the incentives of people and corporations?
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1. epistasis ◴[24 Mar 25 17:41 UTC] No.43463529[source]▶
Regulations, of course! Of which there are many for Texas' electricity markets.

IMHO, you can't have markets without regulations, and the markets that work best are those in high-trust societies, and that high-trust usually comes form a solid regulatory structure (i.e. laws).

This is why saying "deregulation is bad" is just as incoherent as saying "regulations are bad." We need to move beyond that sort of fallacious dichotomy.