this post was submitted on 07 Jun 2026
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Oh what a shame I guess it makes economic sense to nationalize utilities then
For the national economy sure, but if we are talking about ROI on buying out power plants, hard to imagine a worse time for that.
Let them go bankrupt then they’re cheap.
Point out the economic bind they’re in. Let them know you’re not going to subsidize them. Offer them a fire sale price.
A government willing to pay anything at all for a stranded economic asset is still an amazing deal. If they’re set to lose millions and you offer them a dollar, you just saved them millions, so the buy out should be cheap if managed by a government that isn’t beholden to billionaires.
Let them pay for cleaning up their own mess and build something renewable.
I think the idea that these power plants have a positive economic value 5-10 years from now is rather uncertain.