Re:Extreme questions to trigger new, better ideas
by worldsayshi on Monday January 09, 2023 @08:48AM
(#34310258)
I don't doubt the part about environment costs but:
>you can always sell the fully profitable plant before the late life costs come and bite you
Why wouldn't this be accounted for in the selling price (unless you scam the buyer)?
Re:Extreme questions to trigger new, better ideas
by Arkhaine_kupo on Monday January 09, 2023 @09:09AM
(#34310478)
You can always sell it at the current price, but with further environmental commitments by country the price of operating or closing a plant will probably only go up.
But due to the hypothetical nature of those new environmental regulations they are probably not considered during the buyout process.
But the current trend would point towards their cost only going up, and no regulation making fossil fuel plants any cheaper to run or decomission.
Externalities, clean up costs etc are currently not being charged which makes some products economically viable when they probably shouldn't be.
For example in China Coal plants keep getting opened, because despite a cheaper lifetime cost for solar, coal has a much lower upfront cost and without meaningful costs for environmental damage well you can always sell the fully profitable plant before the late life costs come and bite you. (There is more to it, but thats the simplified version of it).
Same with single use plastics. They are really cheap to make, but what about cleaning them up, recycling them etc. Without counting that cost, yeah manufacturing plastic is extremely cheap compared to like a well made pottery plate. But in 50 years the clay plate is still around and the plastic one is just microplastics in the ocean forever.