this post was submitted on 02 Oct 2024
1690 points (95.6% liked)

Microblog Memes

5872 readers
5526 users here now

A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.

Created as an evolution of White People Twitter and other tweet-capture subreddits.

Rules:

  1. Please put at least one word relevant to the post in the post title.
  2. Be nice.
  3. No advertising, brand promotion or guerilla marketing.
  4. Posters are encouraged to link to the toot or tweet etc in the description of posts.

Related communities:

founded 1 year ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 7 points 1 month ago

why don't they just charge enough

Because who would pay 10 cents per kilowatt hour when there's someone else who will pay someone to take that energy off their hands?

The problem is caused when the market clearing price is lower than the cost it took to produce it, and some of those costs are in the past.

It's like getting a boat and going fishing. If you pay $10,000 for the cost of the trip, and bring back $8,000 worth of fish, you can't just force people buy them from you for a 25% markup.