Because who needs public infrastructure?

The Coming Blackout Epidemic | Motherboard:

Byrd and Matthewman also concede that the demand challenge could be addressed, or at least mitigated, by upgrading the grid. A smart grid combined with better energy storage mechanisms could handle the intermittency and decentralized nature of renewable energy sources in a way that can overwhelm today’s industrial era grids.

But in a slow-growth global economy hell-bent on austerity, the prospects for large government investments in grid resilience look slim. According to the global insurance company Allianz in an extensive rep​ort on blackout risks in the US and Europe, “privatization and liberalization” have contributed to “missing incentives to invest in reliable, and therefore well maintained, infrastructures.”

I am sure this study will be breathlessly fluttered about by conservatives as proof that hybrid and electric cars are terrible, and that we must, must as a nation rapidly expand the building of coal-fired and nuclear power plants.

I am equally sure that none of these arguments will acknowledge the roles that austerity and deregulation have played in the increasing fragility of our power systems.

Show Comments