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Why is something as vital as ENERGY managed by a private company with profit motives? Not trying to be NATIONALIZE EVERYTHING or whatever, but we decided its w
by crushcrashcrush 8y ago
Why is something as vital as ENERGY managed by a private company with profit motives?
Not trying to be NATIONALIZE EVERYTHING or whatever, but we decided its worthwhile for water... why not power?
- zaroth 8y agoAnd that whole water thing always works out flawlessly, too?
- 4thaccount 8y agoEnergy used to be fully regulated for a long time. All in all, they did a good job while getting a guaranteed return. Deregulation didn't really deregulate everything (the industry is still super regulated), but it brought in competition and more market based mechanisms. Stoft's power system economics textbook covers this subject pretty well. Deregulation helps incentivize innovation, but it isn't a slam dunk. We have a different system now that is definitely better in some ways and worse off in others. I doubt wildfire safety would have been radically different prior to deregulation.
- pixl97 8y agoOk, let's turn this situation around. The most dangerous fires occur at the Urban Wildland Interface(UWI). Instead of spending countless billions in an attempt to reduce the likelihood of a power line fire, in a place that historically has fires, we nationalize not building houses there? The number of wildland fires will increase. The number of people living in the UWI will increase. The number of people losing all their shit in wildland fires, therefore, will increase. It seems like subsiding this bad behavior is the first thing to stop.