Electric Car Drivel

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What will happen is that the people who live there will no more be able to afford the electricity "they" make than can those afford the oil which "they" produce.
 
what's the cost of using a mobile phone in rural India? Compared to Bloomsbury?

Like pharmaceuticals, when cost of production is tiny, and there is plenty of supply, it's sold for whatever they can get.

Sometimes, of course, the poor can be denied access as part of political policy

https://www.washingtonpost.com/worl...f34fc1d9d39_story.html?utm_term=.64c5747afa56

or even have it stolen

IMG_9632.JPG
 
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what's the cost of using a mobile phone in rural India? Compared to Bloomsbury?
I'm guessing a lot less, or you wouldn't have written that ;)

There is a significant difference - the phone companies don't build networks in India to serve customers in Bloomsbury, but vast PV arrays will be built in Africa to supply Europeans with electricity, so the value of it will be the European one, not the African one.


Like pharmaceuticals, when cost of production is tiny, and there is plenty of supply, it's sold for whatever they can get.
I thought there was a problem of pharmas not allowing low prices in the developing world?


Sometimes, of course, the poor can be denied access as part of political policy

https://www.washingtonpost.com/worl...f34fc1d9d39_story.html?utm_term=.64c5747afa56

or even have it stolen
Yeah, well, Israel is a scum nation.
 
I thought there was a problem of pharmas not allowing low prices in the developing world?

"Given such massive quantities, pharmaceutical companies such as GlaxoSmithKline and Sanofi Pasteur, have been able to keep the prices of the polio vaccine low. A two-drop dose of OPV costs between $0.10 and $0.13."

https://www.economist.com/blogs/feastandfamine/2013/07/polio-vaccines

they do get edgy at black imports being smuggled in to undercut prices in developed countries, but there are also counterfeit drugs being sold at high prices. It's all very confusing.

American pricing is even stranger. You may have heard of prices zooming by six-thousand percent when some crook bought the US rights to a cheap but useful old drug. They seem to allow a monopoly system. Over here, old drugs can be sold as generics.

"Then-CEO of Valeant, Michael Pearson, admitted to a Senate committee hearing that his “free market system” of holding patients’ lives hostage was a factor in the company’s decision to acquire and spike the price of Syprine."

"...Daraprim was developed in 1953 and treats toxoplasmosis, an infection that can lead to brain and organ damage, blindness and death in infants and adults with compromised immune systems, such as AIDS sufferers. Turing sells Daraprim for $750 a pill. Outside of the US, it can cost as little as 10 cents a dose. Turing’s analysis of the drug reported that physicians would be “at a loss to think of an appropriate alternative” to Daraprim. Another pre-acquisition report stated that the drug could generate 30 times their annual revenue, an estimated $180 million"

https://www.wsws.org/en/articles/2017/01/06/drug-j06.html
 
I thought there was a problem of pharmas not allowing low prices in the developing world?
There have certainly been problems in the past when companies have sold medicines for very low prices (sometimes zero) in the developing world - namely that they have been diverted back to the developed word, where they have been sold at enormous markups (usually after "repackaging")!

Kind Regards, John
 
it's possible that enough solar capacity will be built in poor and sunny areas, to profitably supply peak demand in places that are willing to pay high prices.

Like the European nukes and windmills, having built the infrastructure, the cost of production is approximately nil, so they will sell it into any market, whatever the price, making it very cheap when demand is low.

Like the oil-rich countries, or Wales with its water, a canny government will impose conditions, such as a cut of the power for the hosting country. It need not be onerous for the developers.
 
I'm not sure that you added words actually change the meaning, do they? The get what they can get away with charging.
I think they do:

Like pharmaceuticals, when cost of production is tiny, and there is plenty of supply, it's sold for whatever they can get.
surely implies, they will sell it cheaply.

whereas "whatever they can get away with" - like most (especially huge) businesses these days - means they will rip you off if they can get away with it.
 
That's true, provided we are very sure that whatever actions we take do not result in any 'harm' - and that is far from a trivial or straightforward question.

I will refer to the Grenfel Tower fire, as a situation where harm has been done in the unmitigated attempt to reduce CO2 emissions in an unqestioning manner.

we might discover that this increase had resulted in some serious long-term consequences to health. We engineered that change pretty blindly but, fortunately, seem to have got away with i

Nope we haven't. In attemtpting to remove and reduce unsaturated fats, zero fat yoguhrts etc were intoduced that used sugar as a substitute. Cellulite in women is felt to be a result of the transfats that were used to replace unsaturated fats, and it is more than possible, that in years to come, part of the obesity explosion will be attributed to the attempts to remove unsaturated fats from our diet.


So BAS, you are a proponant of the global warming being man made proposition theory, except any good scientist will tell you that you can build a supposition, but you can't prove a fact until after all other possible theories have been disproved. The Romans grew grapes in England 2000 years ago, so the UK was obviously warmer, and not from industrialisation, and whilst man is obviously producing more CO2 than is good for us, and trees are being cut down at a far greater rate than can absorb that increase, there is no proof whatsoever that it is the CO2 that is causing the global warming problem. Many scientists are now starting to look at the movements in the jet stream to be the cause of moving the warmth from the equator to other parts of the planet, and I suspect in about 5 years, the current thinking of a very vociferous band of scientists will be get debunked. Global .warming actually go debunked a few years ago, and climate change became an accepted fact, then odly enough, climate change morphed into global warming again.
 
... whereas "whatever they can get away with" - like most (especially huge) businesses these days - means they will rip you off if they can get away with it.
I'm still a bit confused, since they will generally 'get' what they 'can get away with'. My Great-Grandfather (and maybe many others of his generation) had a different philosophy (see below), but during my lifetime I doubt that (m)any people/companies have knowingly sold products for less than the price the market would tolerate.

My Great-Grandfather was a ('Master') baker, who eventually came to own several shops and 'tea rooms' (interesting term, since at least one of them specialised in 'steaks, chops and cutlets'!). He paid his overheads, paid all his staff what he regarded as 'generous' wages and decided upon what would be a reasonable income for him (which wasn't excessive). As his business and empire expanded, resulting in increased turnover, rather than pocket the increased 'profit', he reduced all his prices (including the steaks etc.!) so that all that was left was the amount he had previously decided was a reasonable income for him.

Kind Regards, John
 
A rare man in both deeds, and actions.

But there are many companies that will sell at cost, and often below cost as a loss leader; and many that will sell at a loss to destroy the competition, so it's more than possible that it does happen.
 
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I sometimes wonder, John, at your grasp of the language.

Perhaps it is writing too many reports, but then that is another worry.


If you have an old car for sale - that you; or more importantly, the wife; really want out of the way - then you will sell it for whatever you can get.
If you are a car dealer then you will sell a car for whatever you can get away with.


Perhaps you might compare your Great-Grandfather to the likes of British Gas or British Telecom.
 

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