• Womble@piefed.world
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    2 days ago

    Bit of a silly article, Its premise is that demand doesnt increase cost for electricity because between 1980 and 2000 demand increased by 70% and price didnt rise (inflation adjusted). But it doesnt mention that oil prices were at their peak in 1980 and then fell by more than 70% over the next two decades.

    So its hardly surprising that prices didn’t rise despite the growth in demand.