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I don’t see how doing something like this increases the global demand for whiskey/hard liquor. Also if one distillery can do it, so can others which is also an
by IgorPartola 5y ago
I don’t see how doing something like this increases the global demand for whiskey/hard liquor. Also if one distillery can do it, so can others which is also an overall win.
- roflc0ptic 5y agoIt doesn't necessarily change the demand, but it changes the supply curve by making it cheaper per unit to produce whiskey. Previously, you could sell whiskey, and the waste was garbage. Under this hypothetical scheme, now you could make money on the waste, too, reducing the price of production.
- VBprogrammer 5y agoWould this be an example of the Jevons paradox? https://en.m.wikipedia.org/wiki/Jevons_paradox https://en.m.wikipedia.org/wiki/Jevons_paradox
- roflc0ptic 5y agoI can't really tell. Certainly jevon's paradox adjacent.
- ohyeshedid 5y agoReminds me of Kingsford Charcoal.[1] [1]: https://en.wikipedia.org/wiki/Kingsford_(charcoal) https://en.wikipedia.org/wiki/Kingsford_(charcoal)
- IgorPartola 5y agoYou are assuming that having more supply will mean they need to immediately lower their prices. Glenfiddich is a premium brand. Have you once seen Apple lower prices on their MacBooks because they had too many in stock?
- deleted 5y ago[deleted]
- ysavir 5y agoIt doesn't increase the demand. What it means is that if Glenfiddich needs more fuel to meet its own fuel demand, it will have to do so by creating more whiskey, even without demand for the additional whisky.
- IgorPartola 5y agoOr they could just buy fuel like everyone else. If their biogas is cheaper than fossil fuels they can buy then they’ve stumbled onto something much bigger than whiskey.
- stephen_g 5y agoYes, I expect the only reason it would be cheaper is because it's waste stream that they would otherwise discard. So yeah, it wouldn't make any sense for them to produce more whisky just to produce more fuel - they would want to use as much fuel derived from waste as they can and purchase any deficit or sell any surplus...
- hellbannedguy 5y agoThis stunt just got them a huge amount of free advertising. I haven't thought about Glenfidfish since my Playboy days. (I took a class on advertising in college. In one assignment, we were told to pick out the sexual imagery in magazine ads. Glenfiddish seemed to have a lot.)