Re: Second day of rolling blackouts starts

[Jim Duncan <jnduncan () cisco com>]

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