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The Perverse Incentives of Utility Companies – EARLY ACCESS, AD-FREE, and UNCENSORED (Patreon)

Published:
2022-08-29 17:48:28
Imported:
2026-06
Tags:

Content

Hi. Oh no! The quest for ever-growing profits has led to screwed-up priorities, corruption, and disaster in the U.S. energy industry! This is Part 3 in our series looking at how the Profit Motive creates bizarre and often grotesque incentives that push industries to do the opposite of what they should.

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The Perverse Incentives of Utility Companies – EARLY ACCESS, AD-FREE, and UNCENSORED

Hi. Oh no! The quest for ever-growing profits has led to screwed-up priorities, corruption, and disaster in the U.S. energy industry! This is Part 3 in our series looking at how the Profit Motive creates bizarre and often grotesque incentives that push industries to do the opposite of what they should. Get your BETTER THINGS ARE NECESSARY AND POSSIBLE merch here: https://www.teepublic.com/t-shirt/20713359-better-things-are-necessary-and-possible Check out our new compilation series, CODY COMPS here: https://www.youtube.com/playlist?list=PLqFkH8uXvlJbGeJKUChW4VGxCMhKQ9cJ8 Please fill out our SURVEY: https://kastmedia.com/survey/ Check out our new series SOME THIS! - https://www.youtube.com/playlist?list=PLkJemc4T5NYbcqTbNmyH3uqutwcj8fHf3 Support us on our PATREON: http://patreon.com/somemorenews Check out our MERCH STORE: https://www.teepublic.com/stores/somemorenews?ref_id=9949 SUBSCRIBE to SOME MORE NEWS: https://tinyurl.com/ybfx89rh Executive Producer - Katy Stoll (@KatyStoll). Directed by Will Gordh (@will_gordh). Written by David Christopher Bell with Jonathan Harris. Edited by Gregg Meller (@greggmeller). Graphics by F. Clint DeNisco. Head Writer - David Christopher Bell (@MovieHooligan). Producer - Jonathan Harris (@countrycaravan). Post-Production Supervisor – John Conway (@Conway_East) Researcher - Marco Siler-Gonzales (@mijo_marco). Associate Producer - Quincy Tucker (@quincyrashard). Subscribe to the Even More News and SMN audio podcasts here: Apple Podcasts: https://podcasts.apple.com/us/podcast/some-more-news/id1364825229 Spotify: https://open.spotify.com/show/6ebqegozpFt9hY2WJ7TDiA?si=5keGjCe5SxejFN1XkQlZ3w&dl_branch=1 Stitcher: https://www.stitcher.com/show/even-more-news Sources: https://docs.google.com/document/d/1gA4sEokJZ0ma4uA0WxK8IvnoGc0jDd-U-XZy9NCc6BE/edit

Comments

Gretchen Hintz

Look at our clean shaven, groomed boy!

Jon Gellott

Starting to think Katy's whole "moving to the mountains" thing was a smoke screen for the reality playing out on the Showdy

Thereal_VanWalsh

I SAID I WANT A BROWN-HAIRED CHILD WITH A BEARD! *my neighbours will forever hate me at how much I laugh at y'all.

Julie Scott

Hopefully the fingees stay attached. Some More News slowly turning into my favorite survival horror show.

Jay

Check out Robert Caro’s LBJ part 3, Master of the Senate, on a 1947 House utility deregulation hearing that bought him patrons for his senate run in the first place. The specifics still reverberate.

Michael C

Beardless Cody can only mean one thing, he is filming something for which he needs a past Cody for

ransom_the_blind

i haven't been able to watch for a year or so now. not out of a physical or connectivity issues but because fk me we're all gonna drown except where we're gonna die of dehydration.

John Moore

Hey Cody Co, when we get r war on drugs episode bud

Brendan Dion

Can't wait for season 1 of "Watching Warmbo Sleep" to drop!

April Hughes

How much for a pint o' the 'ol Cody?

Andrew Carkner

Trade associations make a lot of sense in a sector with mostly small businesses (like restaurants) but it's absurd for a local monopoly to have one

Gemma Hentsch

Your hair is disturbingly quaffed in the thumbnail…

Professor Hazard

What's Dale Cooper doing with that light bulb

Alnarra

So I did want to comment here, only because I'm close to the industry and I was curious about some things (or was hoping you guys were aware). 1. And I think perhaps the biggest one here, is there are actually government owned and operated power companies in the United States. Both BPA (Bonneville Power Administration) in the Pacific Northwest and TVA (Tennessee Valley Authority) in the Southeast are vestiges of the new deal and Federally Owned electric utility companies. I'd be curious to see a comparison made there (as obviously they too have their flaws and fuckups), as they are FAR more regulated then the commercial sector. 2. On the point of "More Green Energy". That was something I think initially when I stepped into the industry seemed super straight forward, but now understanding how electric demand works does muddy the waters a bit. A.) Solar and Wind just do NOT work in a lot of places, you can slap a windmill in a forest and get some power from it, or a solar panel in a swamp, but the power output from those sources while fine for stuff like base load is not useful for the extreme fluctuations in power demand that occur throughout a day. So while yes you could just run more baseload then you ever need demand you have to put that power somewhere or you're going to just cause issues. That is (much to my chagrin) where Gas actually does fairly well. It's easy to spin up and spin down with regards to demand and to keep the power grid relatively in sync with what's required of it Now there are alternatives to gas, but they are INCREDIBLY expensive. One such alternative is basically giant man made lake batteries (Raccoon Mountain is an example of one). But you do need some kind of energy storage to help make sure that output matches demand B.) There was.. I don't want to call it a dismissive tone, but an interesting one with regards to nuclear, which I feel like deserves its own examinations and considerations. Nuclear plants are prohibitively expensive to construct and then certify. And even if you have a reactor ready to go it can take upwards of 10 - 20 years for the certification process to complete. The damage 3 Mile Island and Chernobyl did to the nuclear industry and people's outlook on it has done a lot of damage to research into nuclear power as well. Small modular reactors are only just now being looked at by the national labs (like ORNL [Oak Ridge National Lab]). There is a ton in nuclear fission we have yet to explore because basically we as a society got spooked and Godzilla pilled on the prospect of radiation. Anyway sorry that was miserably serious, tell Katie she can't sell your fingies no matter how much money they may be worth.

Chris Combs

Here’s a weird: I just received an email from the CEO of my local gas and electric company. It’s the “I’m stepping down, thanks for all the support” blah blah blah. That’s… fine on its own I guess. But it gets funny when I think that the CEO of the company I actually worked for stepped down last year, and I got no such email. So there’s something to be said about how my utilities company is trying to make itself look human, and the company I worked for clearly did not. Anyway, just thought I’d share.