Re: Second day of rolling blackouts starts
Shawn McMahon writes:
X amount of power takes Y amount of money to produce.
You can either pay it to a state-sponsored monopoly, or you can pay it to a private company competing freely, or you can force artificially low prices through pseudo-private companies operating under cap that generates Y minus N amount of income, and watch X minus N amount of power be generated.
No amount of legislation will make Y minus N amount of money produce X amount of power. No company that is truly competing will charge Y minus N, because they make more money if they charge Y.
Are we gonna be graded on this later? They didn't cover this in Engineering Economy last semester. Jim -- Jim Duncan, Product Security Incident Manager, Cisco Systems, Inc. <http://www.cisco.com/warp/public/707/sec_incident_response.shtml> E-mail: <jnduncan@cisco.com> Phone(Direct/FAX): +1 919 392 6209
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Jim Duncan