- cross-posted to:
- leftymemes@lemmy.dbzer0.com
- cross-posted to:
- leftymemes@lemmy.dbzer0.com
Shit sun power won’t make my yacht go burr.
Clearly this sub haven’t seen this video from Technology Connections. It breaks it all down for you step by step why the statement is true.
Didn’t you hear? That’s the problem! The prices must always go up. For the quarterly growth!
Anything cheaper for the consumer means less profit, which means less money for bribes, which means conservative governments are against it
[ cries into green but super expensive Romanian electric bill ]
I was about to say, the economics of this post don’t really add up. And sadly, we have a living example behind your computer screen.
That doesn’t change the way lemmy works. “Someone said something supportive of the thing we like. So it must be true.” Too bad economics doesn’t work that way.
If you want things to be cheap, you pit fossil fuel against green energy in real competition. Then they are both forced to get as cheap as possible at every layer of their supply chains if they want their respective supply chains to continue. That’s what kills profit and greed because they have to give up short-term greed for a shot at long-term survival. When you give either or both a government crutch, the executives involved try to reap as much cash out of that crutch now while the crutch exists.
Whether you give a crutch to either fossil fuel or green energy, at the end of the day you are giving it to an executive. He’s going to take advantage of it and not give you what you want every time.
Do you guys remember the incentives for rural internet rollout? Now they are paying premium cost for crapy internet, which the government already paid to exist. It doesn’t matter how much you agree with the thing you want money to go to, you aren’t going to get a good outcome.
LOL son, that is not how this works at all. It wasn’t true when Reagan made the same argument. It wasn’t true when W Bush made the same argument, and it’s not true now.
HINT: You’re trying to fuck with a global price market by changing things at a local level. It’s like trying to fart south to push a hurricane off the coast.
Energy is cheaper where the government has a public alternative. That goes for all utilities and services.
Where I live in Scotland about 73% of electricity generated come from renewables (mostly wind and hydro). I’m hugely in favour of this, but the bills keep rising.
I firmly believe the utility companies should be nationalised. I’m not against capitalism per se, but the current setup is a racket.
Water is essential to living.
Electricity is mostly essential.
Why these two utilities are privately owned is beyond me.To pay dividends to shareholders whilst you let the utility degrade to the point where the government steps in to bail you out anyway. Perfect investment.
I really should have started a monopoly, that is 0 risk 100% reward. I mean just take the money from the government, give myself a huge bonus, and then when there is no infrastructure upgrades done, say whoops, its too expensive, get more money from the government, rinse and repeat!
If the state of the Scottish energy grid is comparable to mainland Europe, then the prices go up due to increasing cost of infrastructure.
Renewables are a lot cheaper per kWh, but require a substantialy higher up front cost in infrastructure due to their decentralized nature.
Before renewables, the electricity only ever flowed in one direction, from the power plant down to the consumers. A few centralised main powerlines could deliver most of that.
With the increase in renewables that suddenly isn’t true anymore. Smal villages often are net positive, we’ve reached a point where even the medium voltage grid of entire regions is net positiv and the energy has to be transported somewhere else, sometimes even outside the country.
All this requires substantially more powerlines (or at least thicker ones, so still new cables). But more importantly, devices to measure the current load of the grid at all times and modernized equipment that can remotely be operated to respond to variing load.
Not to say that we should stop building renewables. All this infrastructure will be needed eventually eather way, but at least in the short term, investments will be needed regardless.
Also the ‘price cap’ in the UK mainly just guarantees a minimum percentage profit added on top of what is otherwise a bunch of assumptions largely provided by the energy companies.
Then some how their costs almost always come in under the assumed numbers increasing their profit further, they don’t need to innovate cos their money is guaranteed.
Also the profit percentage added went up recently, because…
Public necessaries like energy, water, public transport etc should never have been handed over to companies to begin with in my opinion.
Yeah honestly even if we were at 100% renewables, the price has been set and people are used to it now. No company is going to voluntarily start discounting unless more competition enters the market to start a price war. So far most of the energy “competition” has gone bust.
Technology Connections has a video on it…
But i doubt bills would go down; it’s just that line would go up.At this point we should call it embezzlement instead of investment
Government should be for the people not for the corporations
How do you want them to be for the people and not for corporations if you want them to subsidize an industry? At the end of the day that will be paid to corporations, and you are giving corporations more incentive to get into your congressperson’s office to help them figure out how to divide it up. Why would you want more cash exchanged between them and more face time between them? Bad idea if you want corporations out of politics.
More money for [industry x] literally means the government working for some corporations. Doesn’t matter what industry x is.
In many cities in America, private companies threaten cities demanding that they get paid to expand, or else they’ll leave.
Comcast demanded they get city investments to expand wifi to more of the city and even promised free wifi to public places. And after millions of city dollars given, they said, “nevermind”.
But your not thinking of the poor poor oil execs whom won’t get their return on their
bribeinvenstment made to their super PAC.Super PACs are so 2012. In 2024 SCOTUS ruled that officials are allowed to accept “gratuities” so long as they don’t directly say it’s a bribe.
Unless it’s for the President. Then they can just say it’s a bribe.
I forgot about those rulings. This SCOTUS is really set to mess up a lot in the coming decades. Hopefully, it can be reigned sooner rather than later
Hopefully, it can be reigned sooner rather than later
Is that a regional way to say guillotined?
It should be but here we are.
In the end, green energy will win. It’s already happening even though, right now, the black energy lovers are doing everything to pull the brakes on green energy. They will not be able to hold on to their power forever and many countries are already investing heavily in green energy. It’s only a matter of time.
In the end all energy sources will win as energy demands continue to rise.
New data centers should have to pay on a sliding scale based on energy availability in the local grid. And if they want to build out generation it should be solar and wind only.
New datacenters should be heavily regulated for emissions (including sound) and water consumption and should provide their own power as much as possible (renewables and SMRs come to mind).
Except for AI, fuck those.Agree entirely about the regulation, that’s lagging everywhere.
SMRs are a distraction. Lots of little, less effective nuclear generation doesn’t fix the problems nuclear faces - the waste (yeah, smrs still make nuclear waste!) and cost / approval / certification timelines. by the time we waste years fiddling with SMRs we could buildout huge swathes of renewables that work today.
Spain invested in green energy and I am paying a shit ton on utility bills.
Producing the energy has become cheaper. Delivering however… and costs for maintaining the grid will only go up after the blackout from last year
Nah. They would be 50-60% cheaper if;
- They required the choice between two different administrators.
- They were ran as non profit (private equity is ruining utilities currently).
They required the choice between two different administrators.
Most US states have this. They mandate you can choose your energy provider.
National Grid is still cheapest for me. Womp womp.
Lol my state is one! Except it’s only offered to commercial customers. Both electric and gas offer no choice for residential.
L-o-fucking-l
Edit: seems a lot of states don’t offer electric choice for residential.
Wish mine was one.
Cheaper utilities was never the goal
Call me pessimistic. Companies say they switched from paper bills to digital bills for “the environment”, and none of that trickles down back to the customer.







