Forums before death by AOL, social media and spammers... "We can't have nice things"
|    alt.home.repair    |    Home repairs and renovations    |    32,593 messages    |
[   << oldest   |   < older   |   list   |   newer >   |   newest >>   ]
|    Message 31,367 of 32,593    |
|    redacted to useapen    |
|    Re: Power rate hikes    |
|    12 Sep 25 07:00:03    |
      From: devnull@redacted.dnc              On 9/11/25 20:17, useapen wrote:       >       >       >> When energy generation was deregulated in the 1990s, the utilities       >> divested the generators because they felt their old generators could not       >> compete with new generators. However, because of the highly regulated       >> structure of the remaining energy distribution system, they returned the       >> proceeds to their stockholders, usually conservative fixed income       >> investors on pensions. Therefore they did not invest in upgrading       >> (burying, hardening) the grid and transformers. The regulation system is       >> partly responsible for the fact that they cannot maintain an aging and       >> degrading grid. The cost of upgrading the grid should not be dumped on       >> ratepayers. Perhaps the regulators should therefore provide bond       >> authorities to pay for this. Or if Trump can buy a share of defense       >> contractors, why not rails & utilities? Such firms are hampered by their       >> dependence on regulation, so why should regulators bear some of the cost?       >> Rails and utilities resemble banks in terms of how their       >> interconnectedness could destabilise everything.Crypto and AI should not       >> be on the grid but should generate and maintain their own power.       >       > Communists love to have government ownership of private enterprise while the       > Nazis took control of dozens of industries as partners.       >       > Trump took a stake in the 3rd rated chip maker in the world, not the best,       > not even second best, but the failing Intel. He's a realestate clown, he       > doesn't know his shit from chocolate mousse when it comes to more important       > things like real capitalism.       >       > Very American indeed.                     I'd love to hear your take on the Democrat Biden Crime Family.              And Democrat Nancy Piglosi's insider trading.              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
[   << oldest   |   < older   |   list   |   newer >   |   newest >>   ]
(c) 1994, bbs@darkrealms.ca