[ExI] Solar power makes UK people poorer
phoenix at ugcs.caltech.edu
Thu Jun 9 00:42:33 UTC 2011
I'm shocked, shocked, that moving from an unsustainable and
environmentally subsidized form of power to a sustainable form might
incur some loss of standard of living. Almost like one stops eating
into capital and belatedly starts living only on the interest. The fact
that fewer toys will be afforded does not make the change wrong.
Mind you, I'd pick a redistributed fossil carbon tax over specific
subsidies for rooftop solar or wind or whatnot. Let markets work,
subject to intelligent correction.
-xx- Damien X-)
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