this post was submitted on 10 Oct 2024
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I'm not surprised by any of it. I live in a pocket of New Jersey that has a group fighting against offshore wind farms funded mostly by Real Estate agents and existing energy interests claiming that adding supply from a new source of power is going to increase the market rate of electric power. It's exhausting to listen to and read about their bullshiting.
Adding supply is going to. . .increase prices??
I feel like that goes against the fundamental supply/demand rule of economics lmao who is falling for that? That was a rhetorical question I know the answer already :/