Our Socialist Electricity Grid works perfectly for everyone except consumers

What destroys a grid faster than than a socialist electricity system? A semi-socialist system that pretends to be a free market.

This hybrid monster combines the worst of both socialism and capitalism at the same time. Socialists get the power to destroy, capitalists can then practice self serving chaos to make it happen faster.

The socialist managers can pick loser options (wind and solar), rig the market, and also conveniently blame the market when things go wrong. In a true socialist system, at least the public know who created the mess.

What socialism created — socialism can partly solve

In a free market Liddell’s cheap coal power would not be closing in 2022.  Since we have no free market, and can’t suddenly create one, the only band-aid option is to buy the damn asset back:

Ron Boswell gets it:

If someone suggested that $3 billion in consumer-funded subsidies be paid to one energy source every year for the next 12 years, and if that one energy source was guaranteed significant market share for every one of those years, and if there were hundreds of millions of dollars available in grants and concessional loans to projects limited to that […]

Rating: 0.0/10 (0 votes cast)

via JoNova

https://ift.tt/2EZB841

April 20, 2018 at 12:20AM

Leave a comment