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249 points Jtsummers | 3 comments | | HN request time: 0s | source
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mmooss ◴[] No.45762412[source]
As I wrote elsewhere, the US government and economy are now essentially a private equity takeover for a large segment of wealthy business: Squeeze out as much money as possible short term - including by issuing debt againts its assets, slashing and burning any costs regardless of ROI and with no regard for the future, and leave the bankrupt husk for someone else to deal with.

The treatment of fossil fuels and renewables fits: Block the obviously more economical and better long-term solution in order to shovel money toward the entrenched wealthy. That it sabotages the future due to climate change and economic inefficiency doesn't seem to be a significant factor to them.

I forgot, one of the entrenched corporate wealthy told us that climate change isn't a big deal, and we should send money to his and his friends for solutions.

I'm not anti-business; in fact, quite the opposite: These policies block a free market and the brilliant new businesses that can thrive and deliver solutions to everyone.

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1. thelastgallon ◴[] No.45769381[source]
> I'm not anti-business; in fact, quite the opposite: These policies block a free market and the brilliant new businesses that can thrive and deliver solutions to everyone.

Lets hope PG&Es price gouging kicks-off people to look for off-grid solution. EVs have humongous batteries, home batteries are getting pretty cheap. With solar + EV + home battery there is a strong economic case for a large number of people in CA to switch to off grid. Which makes PGE raise rates, driving more people to go off grid. California is a big enough market, which can create this new demand for off grid, new companies and economies of scale.

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2. M95D ◴[] No.45770978[source]
The green tech is completely under the control of governement even after it is installed and operational:

- Tax imports of panels and batteries

- Tax and oppose new installations.

- Only offer disincetive grid prices to those having panels on their houses. Low pay or negative pay to push to grid, higher cost to consume from the grid.

- Tax installed panels, even off-grid ones.

- Introduce new onerous "safety" requirements.

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3. mmooss ◴[] No.45778184[source]
That's where a free market should come in.