I'm fascinated by the decision to privatize electricity generation which spawned the Enron debacle and California's rolling brownouts. There are so many private companies lining up to build a nuclear power plant or hydro electric facility for billions of dollars so that they can sell power to the 4% of the population that need 5% of their newly developed capacity for a few hot days of the year. Mind you they have no problem taking over monopoly utility suppliers and screwing consumers for short term profits.oh_possum wrote: To a rational person, this is a good argument. However, there are people who would like to see all of these things privatized. The great promise of free market economics. The new and scary battleground is over privatizing water utilities - like we really need water quality and availability controlled any further by profit margins. Water privatization helped destroy the economy of more than a couple South American countries.
Just wait until hybrid and straight electric cars become economical to manufacture. Where's all the power supposed to come from? I don't know of any major power development projects anywhere in the US except hugely subsidized wind farms that will translate into a staggering mileage rate after the taxpayer subsidy is accounted for. NIMBY