Powering the Grid with David Roberts
Why Is This Happening? The Chris Hayes Podcast
00:00
What's the Resistance to a Dynamic Pricing System?
Reformers in the early 20th century as electricity was emerging so sort of like socially we made the decision this is a natural monopoly right. When utilities invest in new infrastructure they get their public utility commission approves a guaranteed rate of return on that capital investment which gives them enormous incentive to build stuff. If you for instance offer them some widget that will allow them to distribute power more efficiently such that they don't need to invest in a new power plant or or power line you are it's pro-social and pro-environmental but it's costly, he says.
Transcript
Play full episode
