Electricity Fairness Act [debating]

[Southern Senator North Carolina Yankee]

I fear this would lead to blackouts.

[Southern Senator North Carolina Yankee]

I would say that in a completely free market, a price ceiling would have the effect described by Wormyguy because the motivation to bring sufficient supplies to the market to meet the demand isn't there because the prices are too low. However, electricity doesn't operate that way because the projects, are subsidized to some extent. Therefore, since Canada was mentioned, who built the hydro dams there?

Is the production of supply subsidized and funded by the gov't enough to offset the effect of such a price ceiling in Atlasia?

[Southern Senator North Carolina Yankee]

I realize this is fashionably late, but I would have voted Nay, had I not missed this.