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Comment on Texas power prices briefly soar 1,600% as a spring heat wave is expected to drive record demand for energy

Bookmarking this for the next time white supremacists here in good ole’ South Africa peddles the “privatisation is the only thing that will fix our electricity problems!” bullcrap.

Thanks, Texas!

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piecat@lemmy.world ⁨1⁩ ⁨month⁩ ago
No no no, that’s not true privatization. True privatization would fix all the problems

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- Blackmist@feddit.uk ⁨1⁩ ⁨month⁩ ago
  Privatisation can only work if the end consumers have genuine choice.
  
  In the UK electricity is privatised and I can pick from dozens of companies. This honestly works pretty well, and you can pick the cheapest depending on when you use electricity and how much. It’s the same infrastructure no matter who you pick, but that seems handled fairly well. Same with internet providers.
  
  We also privatised water, and we just get given a company to rule over each area of the country. Unsurprisingly, given the consumer has no recourse other than “have no water” this is an absolute fucking shit-show. They’ve not invested in enough reservoirs, nor sewage handling, and instead lobby the government to make it legal to just put it in the rivers instead. It’s the same story with trains.
  
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- whoisearth@lemmy.ca ⁨1⁩ ⁨month⁩ ago
  Satire on point.
  
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