Lawl. The utility company on Long Island is owned by New York State because it was supposed to lower prices and provide better service when the previous utility company, LILCO, went bankrupt. Because of more efficient electronics, appliances etc Long Islands electricity usage recently decreased. What did the utility company do? It raised rates to offset its losses from less energy being consumed.Spark wrote:
True, but that's why the utilities sector needs an utter and total overhaul.JohnG@lt wrote:
No. The company isn't going to eat the loss, they'll just pass it on to the consumer. Our biggest polluters are utilities companies. You think they'll think twice before tacking on another surcharge? No way.Spark wrote:
Does it not encourage people to save money by reducing emissions, which after all is the whole point of the scheme?
You really think this only applies to utilities? Every corporate tax in the world gets passed down to the end user, you the consumer. When they raise the tax on gasoline does the oil company eat the tax? No, the tax shows up right there on the pump.
Last edited by JohnG@lt (2009-11-19 14:51:03)
"Ah, you miserable creatures! You who think that you are so great! You who judge humanity to be so small! You who wish to reform everything! Why don't you reform yourselves? That task would be sufficient enough."
-Frederick Bastiat
-Frederick Bastiat