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Privatizing electricity in California resulted in massive underinvestment and forest fires as a result of poor maintenance. Privatization only saves money if y
by two_handfuls 1y ago
Privatizing electricity in California resulted in massive underinvestment and forest fires as a result of poor maintenance.
Privatization only saves money if you ignore the price paid by surrounding communities.
I would not like to see a fully private nuclear plant.
- AtlasBarfed 1y agoPrivatization of electricity hands a company a monopoly
- ViewTrick1002 1y agoDepends on how you do it. The electrical supply and demand markets can be privatized and that works quite well with few ancillary services needed. Privatizing the grid is a shit show since it is a natural monopoly.