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View Diary: After Fukushima: a new dash for gas? Really? (202 comments)

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  •  All non-renewables grow scarcer. (2+ / 0-)
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    erratic, alizard

    Scarcity drives up price. Cost + 30% on something yields a hell of a lot more profit when that something is $10 a unit than when it was $1 a unit.

    And thus, there is no business in a position to buy our government which wishes to see non-renewables in place. They can look at ever-more profitability, as their costs will always be passed on to us. Plus % markup.

    One of the great tricks we often fall for in various debates, not just energy, btw, is the substitution of percentage rates for absolute numbers. Nobody counts their money in percentages though, they count it in actual currency.

    Until we break the corporate virtual monopoly on what we hear and see, we keep losing, don't matter what we do.

    by Jim P on Sat Mar 19, 2011 at 03:07:25 PM PDT

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