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by WalterBright
1687 days ago
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> using a pile of heated rocks as primary energy storage is beyond ridiculous and entirely ignorant of thermodynamics and physics in general. Except there are many examples of such in common use. For example, passive solar houses use this technique. > some imaginarily ethical regulatory organization is going to force utilities to be equally ethical, efficient and technologically progressive. Current(1) regulatory organizations fix electricity rates. Electric utilities are already heavily regulated. |
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And again, you're making a sweeping generalization about regulatory organizations that isn't even remotely true, and you have nothing to base it on. In the US alone, the majority of states have systems that combine both regulated and unregulated rates, and even in the states where the regulators decide on the rate, a utility can request rate increases at any time.
Your entire premise is based around some mystical altruism that doesn't actually exist in government or business.
https://content.next.westlaw.com/Document/Ieb49d7b91cb511e38...