Kasz216 on 30 October 2012
Cobretti2 said:
You raised an interesting point about government owned. Ironically enough, our state governments are selling up all power assets and essentially created an private electricity market, which is meant to create competition and reduce prices. Originally a lot of american power companies purchased these assets however they quickly sold the assets once they aged and needed repairing. ATM our electricty assets are probably 70% owend by asian power companies. |
Yeah, i'm not a big fan of privately owned power unless regulated very well.
The structural advantages are too much to make a truley free market.
