>No amount of taxing and mingling will make protection against long-tail events profitable. It's something that either the government does or it hires, the mark

>No amount of taxing and mingling will make protection against long-tail events profitable. It's something that either the government does or it hires, the market will not provide. [citation desperately needed] Insurance seems to be quite an effective mechanism for handling rare events. >Anyway, carbon taxing does absolutely nothing to change the profitability of this one. Of course it does. When "Good Old Reliable" carbon-heavy baseload gets more expensive, that creates more incentive for storage (factobattery or otherwise). Remember that the end goal is to achieve 100% renewable energy, not to build the most factobatteries. If you build more factobatteries than needed to efficiently achieve 100% renewable energy, you did it wrong.