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What if I were to tell you that it costs you 0$ for the air that you breath? I'd it a bad thing that the market price for the air that we are currently breathi
by stale2002 7y ago
What if I were to tell you that it costs you 0$ for the air that you breath?
I'd it a bad thing that the market price for the air that we are currently breathing is 0$?
- roenxi 7y agoPrecisely nobody is in the business of mass-producing commodity breathable air. It isn't a market. There are neither buyers nor sellers. If there was someone stupid enough to try and create a commodity market in air, it would signal to any producer "get out, you are crazy". If we lived in a utopia where electricity was produced without any human intervention whatsoever then a $0 price would be fine. Producing electricity does require human action. Maintaining solar farms requires human action. Maintaining wind farms requires human intervention. Acquiring fuel requires human action. These are not charities; free is going to turn out to be quite expensive.
- johnday 7y ago$0 doesn't imply a problem with the market, it implies an issue of oversupply. If the "problem" ends up being that coal/oil plants only run during the winter months, that seems like a net win for the world.