Re:Japan to invest on nuclear energy in major policy shift
by WalterBright on Thursday December 22, 2022 @02:59PM
(#34097830)
Supply mandates and price fixing. Good ole' central economic planning. What's the inevitable result? Shortages.
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Re:Japan to invest on nuclear energy in major policy shift
by defrost on Thursday December 22, 2022 @08:06PM
(#34101132)
Errr, in this instance you're exactly arse backwards.
The gas supply shortages in the eastern states of Australia arose precisely because of a lack of local supply mandate and price capping baked into the original licenses.
Western Australia has such things and had no shortages.
The inevitable result (in the West) was a transnational being limited in its ability to price gouge in a global supply crisis.
Re:Japan to invest on nuclear energy in major policy shift
by WalterBright on Thursday December 22, 2022 @10:30PM
(#34102066)
Then there's something else at work here that is not in evidence.
For example, were they granted a legal monopoly?
Re:Japan to invest on nuclear energy in major policy shift
by defrost on Thursday December 22, 2022 @10:52PM
(#34102174)
> were they granted a legal monopoly?
Err, by "they" do you mean Apache, BHP, BP, Chevron, KufPec, Mitsubishi Motors, Mitsui & Co, Quadrant Energy, Santos, Shell and Woodside Energy ?
(ie Australian LNG producers)
and by "legal monopoloy" do you mean "A market structure characterized by a single seller" ?