Sunday, October 12, 2008

Greenwashing socialism | Gristmill: The environmental news blog | Grist

"Regulated electric utilities in the U.S. are only half as efficient as they were in 1910, in no small part because they are not allowed to make money off of conservation ... and because no matter how many philosophers may dream otherwise, five smart dudes sitting in a room making forecasts of supply and demand to set price are never as efficient as a competitive market."

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