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The private sector is an unmitigated disaster on reliable base load power. Full stop across dozens of examples. Enron and the California grid is a conspicuous e
by benreesman 2y ago
The private sector is an unmitigated disaster on reliable base load power. Full stop across dozens of examples. Enron and the California grid is a conspicuous example, but it’s mostly lesser degrees of that anywhere.
Badly refereed markets in essentials aren’t a matter of if a market failure will emerge, it’s when.
- orwin 2y agoI'm not usually an euroskeptic, but EU's directives on the electricity market would have been an excellent argument for Brexit. It's like the ptomelaic solar system: to make it match how the world really work, you had to add layers upon layers of additional rules, and in the end it's still wrong. The fact that my country used to use Copernic's system is make me feel even worse.