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Re: "Setting a performance obligation for a wind farm is like prohibiting wildfires..." This ignores that risks can be insured. If your risk isn't insurable, y
by Zigurd 4y ago
Re: "Setting a performance obligation for a wind farm is like prohibiting wildfires..."
This ignores that risks can be insured. If your risk isn't insurable, your pricing, costs, etc. are probably out of whack. In this case, it seems more like Dominion was expecting to cash in on subsidies in a classic "socialize risk, privatize profit" move. When the conditions around that changed, they got pouty.