4 ms·
It's not necessarily bad policy it's just policy. The local residents are also the ones that generally live with the consequences and externalities of the local
by CPLX 8y ago
It's not necessarily bad policy it's just policy. The local residents are also the ones that generally live with the consequences and externalities of the local power generation industry.
- rdl 8y agoThey should get a check independent of consumption to pay for those externalities.
- JamisonM 8y agoLow-cosumption residents are then forced to live with the externalities of the generation infrastructure as well as the externalities of the behaviour induced by the electricity subsidy while benefiting the least from the subsidy - it seems like a pretty bad policy.
- dahdum 8y agoIf it’s a public municipal utility, any dividend in lieu of price reductions, should go to the local government, not the individual residents. The local government could then issue out checks to everyone if they want, but more likely it would go towards general budget and benefit everyone.
- JamisonM 8y agoI wouldn't be fussy about the rebate mechanism but funding a government based on energy prices can also be a tricky business - but even a poorly managed local government subsidised by energy exports is far better than local energy consumption subsidised by energy exports.
- dahdum 8y agoYes, nonzero chance they'd sell off the revenue stream for pennies on the dollar to some private financiers to stopgap irresponsible deficit spending. See Chicago for an incredible example of this: https://chicago.suntimes.com/news/parking-meters-garages-took-in-156m-but-city-wont-see-a-cent/ https://chicago.suntimes.com/news/parking-meters-garages-too...