"We would prefer the magic market-based solution," said Nicholas Ucci of the Rhode Island Office of Energy Resources, "but that solution has not come forward."Nonsense. The magic market-based forces are always at work. If there is not enough capacity, it is because there is not enough profit to overcome the regulatory hurdles.
to overcome the regulatory hurdles
BTTT
and the real reason some areas are far more expensive than others...
People in coal states are getting slammed with Obama regulations. People will pay a lot more, we will have brown and blackouts, massive job loss, and these SOBs want the whole country to pay for their leftist BS caused pwoblems?
They can go to hell.
For some reason, that jumping frog just won’t jump filled with lead shot.
[ Nonsense. The magic market-based forces are always at work. If there is not enough capacity, it is because there is not enough profit to overcome the regulatory hurdles. ]
Speaking of regulatory hurdles, we would already be having Safe Thorium Salt reactors built if the Government hadn’t interfered inthe development of them in the late 60’s because G.E. and the Defense Contractors raised a hissy fit...
Instead China will be making them and probably selling them back to us at some point....
“If there is not enough capacity, it is because there is not enough profit to overcome the regulatory hurdles.”
Those profits come out of the pockets of consumers. That is why the price is electricity is “necessarily skyrocketing”. When energy costs more it stalls the economic engine - it’s more cost with decreased output. It’s like spraying gasoline into the air outside an engine and wondering why the engine is not making as much power as it used to make.
This is something the current Washington crowd hasn’t a clue about.