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Cake day: January 2nd, 2024

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  • Delta_V@lemmy.worldOPtoNews@lemmy.worldShareholder Returns Drive Up Michigan Energy Bills
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    14 days ago

    What energy company is a natural monopoly?

    edit: are you talking about utilities that produce and distribute energy, or the companies that provide fuel for them? Because a case can be made for mining operations like Exxon & etc to be subject to market competition, whereas natural monopolies like your local electric utility should be publicly owned, i.e. owned by the government, and not have ownership shares traded privately or in public markets.


















  • There are no minable deposits of rare earths anywhere. That’s why they’re called rare earth elements. Nowhere on Earth are there geologic processes that concentrate them into ores. The only way to get them is to process absolutely enormous volumes of dirt, at great expense in terms of energy used and pollution created.

    Every country has them.

    Who sells it is a question of which country is willing to render some portion of their territory uninhabitable for the foreseeable future, while also making a larger portion of their territory sick and dirty.