People don't want nuclear power plants, they don't want coal-burning plants
and they don't want wind farms and their associated power lines, but they
still want unlimited cheap electricity. What's the solution?
Apparently the solution to all of our "green" concerns is to drive
electric cars. Oh, hang on a minute, we don't actually want to generate
more electricity because it's dirty and unsightly. It always seems to
be the green brigade that object to greener forms of generating electricity!
Who cares what people want? Just generate electricity in such a way that
all demand is met. No subsidies, though, and charge appropriately so
that those who want expensively generated electricity pay through the
nose for it.
By "no subsidies", do you also mean "no indirect subsidies", as for
example, ending the indirect subsidy of allowing fossil fuel users to
avoid paying for the health care costs they inflict on the rest of us?
If so, I'm with you.
Of course I do. But the price does not express the true costs. Most of
the cost is "externalised", which Milton Friedman and other econotwits
largely ignored. In fact, Friedmanites advise businesses to externalise
as much of their cost as possible. Fortunately, their influence is
beginning to wane.
These externalities are the indirect subsidies I refer to. They distort
the market. The question always is, Whom do these subsidies benefit? The
answer is, Follow the money.
Have you not noticed that when a politician is in favour of a subsidy,
he calls it an "investment", and when he opposes it, he calls it a "cost"?
Etc. OT for this group.