Yvette OswinThe UK has fully privatised Energy
France has fully Nationalised
(Blade of the sun)
doppelfish ☑️@Hope4All except that France's EDF is producing a lot of electricity from written-off nuclear reactors, is still selling below price and is running a debt of 54.4 billion euros as of 2023, which is subsidized by the French gouvernment.
https://www.reuters.com/business/energy/french-nuclear-operator-edf-returns-profit-2023-2024-02-16/
Hervé Nicol@doppelfish @Hope4All
Subsidized by the government :
Isn't what "nationalized" means ?
It's financed by the people, for the people.
And the goal is not to make money out of it, as opposed to when private companies run it.
That seems a good thing to me.
Subsidized by the government :
Isn't what "nationalized" means ?
It's financed by the people, for the people.
And the goal is not to make money out of it, as opposed to when private companies run it.
That seems a good thing to me.
tyx@herve @doppelfish @Hope4All
>That seems a good thing to me.
Unless you realize that no one in the management gives a damn about the efficiency of the whole enterprise, equipment upgrades, bullshit jobs etc. bc in case of a major screw up everything will be covered by the state and you don't have any competitors.
ENRON at least was sold in parts.
>That seems a good thing to me.
Unless you realize that no one in the management gives a damn about the efficiency of the whole enterprise, equipment upgrades, bullshit jobs etc. bc in case of a major screw up everything will be covered by the state and you don't have any competitors.
ENRON at least was sold in parts.