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Energy is dirt cheap in comparison to labor. Therefore cost of industrial goods is correlated to labor not to energy / power costs. (with few exceptions in heav
by holri 12y ago
Energy is dirt cheap in comparison to labor. Therefore cost of industrial goods is correlated to labor not to energy / power costs. (with few exceptions in heavy industries.)
- smeyer 12y agoThat is not the point of the comment to which you're replying. They didn't claim that the purchase price provides a good estimate of the energy cost, but that it provides a strict upper bound. If the manufacturer is not selling at a loss, then they can't sell for less than their energy costs, let alone labor costs.
- holri 12y agoOk. Thank you for clarification.