Lobbying isn’t capitalism. The government needs to be involved in capitalism.
But finally, finally after all that. The core is energy production is not a monopoly it is a largely free market where many businesses and even many countries can create energy production in the UK. Home owners, co-ops, France nuclear, Norwegian hydro, gas, wind.
What you are talking about is electrical distribution being a natural monopoly. The National Grid (Great Britain) is largely a single monopoly but that’s not where the price comes from. The UK has a lot of oversight of that and inter connectors and offshore wind leases and even maximum pricing. How are companies going to shaft consumers when the UK government limits the amount they can sell for.
Lemmy has such a bad understanding of capitalism.
that’s the united states of america. Not the UK.
Lobbying isn’t capitalism. The government needs to be involved in capitalism.
But finally, finally after all that. The core is energy production is not a monopoly it is a largely free market where many businesses and even many countries can create energy production in the UK. Home owners, co-ops, France nuclear, Norwegian hydro, gas, wind.
What you are talking about is electrical distribution being a natural monopoly. The National Grid (Great Britain) is largely a single monopoly but that’s not where the price comes from. The UK has a lot of oversight of that and inter connectors and offshore wind leases and even maximum pricing. How are companies going to shaft consumers when the UK government limits the amount they can sell for.