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oh no! think of the stock market!
(lemmy.world)
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this post was submitted on 02 Oct 2024
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That's not exactly conducive towards people building more solar.
The solar isn't the goal; the energy is enabling the value in other parts of the economy.
In fact; energy supply is so important to the reasonable functioning of the economy. It should be taken out of the profit driven cycle of business.
Look at what happened with WPI in Ohakune and PanPack when energy prices sky rocketed a few months back.
Even if our energy market wasn't profit driven, we would still have a shortage of energy, and either we would be burning up fossil fuels at an astonishing rate and a huge loss, or a number of heavy power users would be shutting down.
Price is one way we have to control demand, but if we didn't use it, we would need another system instead.