this post was submitted on 17 Nov 2024
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Futurology

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[–] [email protected] 7 points 1 month ago* (last edited 1 month ago) (3 children)

What they'll do is they'll ask for subsidies to build power plants, privatise them, sell the power at increasingly extortionate rates and cut maintenance costs to increase their margins and profits.

Possibly.

[–] [email protected] 3 points 1 month ago

then buy out the competition and have monopoly paid by people its going to extort

[–] [email protected] 2 points 1 month ago (1 children)

That's effectively why Microsoft's plan to restart Three Mile Island is stalled out. They want it to be paid by taxpayer dollars despite (as far as I know) having no plans to provide the generated electricity to taxpayers.

[–] [email protected] 2 points 1 month ago

That's roughly what I had in mind when I wrote that comment indeed...

[–] [email protected] 1 points 1 month ago

we are all in this together, mate 🤡