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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: 0.196s | 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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1. gamblor956 ◴[24 Mar 25 17:51 UTC] No.43463619[source]▶
Deregulation does work to address healthcare, child support, etc.

It just takes way longer to reach market equilibrium than free-market advocates claim. And by way longer, I mean years or even decades rather than months or weeks, which means a lot of suffering or externalities during the transitional period.

Healthcare was once deregulated in the U.S. And it was fine. And it would be again if we deregulated healthcare, but it would take more than a decade and nobody has the stomach for that. (And nobody has yet made a compelling case to demonstrate that a deregulated healthcare system would be a sufficient improvement over what we have now to justify the suffering that the changeover would cause.)