Private Airports Could Beat Snow Delays
What does this have to do with electricity? “U.S. commercial airports remove snow manually with plows, brushes, blowers and shovels, along with chemical de-icers. Why don’t airports install heated runways? Because public facilities have no economic incentive to bear their cost. Privatized airports, which could charge airlines a premium for more-reliable service, would.” The same lack of economic incentive to innovate has existed in the electricity sector for a century. That’s a long time, huh? And, oh, by the way, while innovations can provide premium services, they can also provide LOWER COST services. All that’s missing is the right structure.
That’s where “Consumer Regulated Electricity” (CRE) comes in. CRE would enable the creation of new, independent, and competitive utilities with the incentive to innovate.
