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View Diary: The new economics of the power sector (78 comments)

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  •  This has always bothered me about the way (25+ / 0-)

    the renewable market has been gobbled up and sat upon by Big Oil.

    I was in Frederick Maryland when it was Solarex and they were pumping as a factory. BP came in and throttled that right down.

    Renewable energy is an unknown market, no models, no history, it's dangerous. Much better to buy it up and sit on it to ensure that I remain in my current position in my market than to gamble and risk throwing the market into chaos.

    Great post here, Jerome. I appreciate the frame of reference. And this is huge for challenging corporate hegemony:

    This leads us to a first hidden truth: the massive increase in renewable energy production is not paid for by consumers, but by traditional producers who see their revenues decline as the price they earn per MWh goes down.
    The kinds of changes we need to make, on a host of important social issues, will impact big corporate producers the most. That's a big deal.

    I guess the question is how are they going to stop it?

    Democracy - 1 person 1 vote. Free Markets - More dollars more power.

    by k9disc on Mon Mar 25, 2013 at 10:27:57 AM PDT

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