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> Hard disagree. Business optimized for the value it can capture in the short term. It will be more efficient at that. Not necessarily true, many power generat
by helsinkiandrew 4y ago
> Hard disagree. Business optimized for the value it can capture in the short term. It will be more efficient at that.
Not necessarily true, many power generation projects are built knowing that they won’t be profitable for many decades and are happily funded by pension companies that treat them like bonds. Many government projects don’t get done because their payoffs won’t be seen within the election cycle.
- dx034 4y agoAre they really? As far as I know, really big power projects (like nuclear plants) usually need government funding or guarantees to get built. Renewables get built by pension funds, but they pay off after 7-10 years in most cases.