{"id":8121,"date":"2016-01-19T10:48:39","date_gmt":"2016-01-19T15:48:39","guid":{"rendered":"https:\/\/greenbugenergy.com\/?p=8121"},"modified":"2022-05-30T11:32:39","modified_gmt":"2022-05-30T16:32:39","slug":"false-markets","status":"publish","type":"post","link":"https:\/\/greenbugenergy.com\/straight-talk\/false-markets","title":{"rendered":"False Markets."},"content":{"rendered":"\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t\t
\n\t\t\t
\n\t\t\t\t\t\t
\n\t\t\t\t
\n\t\t\t\t\t\t\t

\"market\"Comments by many who argue that Feed in Tariff programs just create \u201cfalse or fake markets\u201d and \u201cthat In a free and democratic country, a commodity’s price should be determined by the marketplace and subject to the laws of supply and demand\u201d are based on the assumption of perfect markets. Therefore, they argue that feed in tariff programs are just unfair subsidies to certain producers that the expense of consumers. The problem is that the \u201cmarketplace\u201d is anything but perfect.<\/p>

In Ontario, The Liberal government eliminated coal fired electricity generation, but coal was very cheap. So why did they do it? They did it because the price of coal didn\u2019t include the other costs of coal, the externalities that arise from burning coal like pollution that causes people to be sick, that raises health care costs, that causes people\u2019s lives to be miserable, that causes lost production from having people sick, and the cost of future global warming and the costs of what we\u2019ll have to do in the future to deal with global warming. In other words our market place doesn\u2019t \u201cprice\u201d coal correctly at what\u2019s it\u2019s real cost should be. So when the government tried to factor in these other things, they determined the real cost of burning coal was much higher and decided not to use it.<\/p>

So I would say that any market place that doesn\u2019t factor in all costs like externalities is a false market. This means we\u2019ve always lived with a false marketplace. We used to live in a world that could ignore these things and it didn\u2019t affect us much but with a population over 7 billion worldwide we can no longer do this. The problem is that our economic system and accounting systems are not keeping up to the new realities.
So give me a break, our marketplace before FIT was a completely false market because it certainly didn\u2019t factor in externalities and this hasn\u2019t changed much. This is why governments around the world are trying to put a price on carbon in an attempt to in some way factor in these extra costs that our current economic and accounting systems now miss. And this as a general trend is a good thing.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

Comments by many who argue that Feed in Tariff programs just create \u201cfalse or fake markets\u201d and \u201cthat In a free and democratic country, a commodity’s price should be determined by the marketplace and subject to the laws of supply and demand\u201d are based on the assumption of perfect markets. Therefore, they argue that feed in tariff programs are just unfair subsidies to certain producers that the expense of consumers. The problem is that the \u201cmarketplace\u201d is anything but perfect…<\/p>\n","protected":false},"author":3,"featured_media":8868,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[86,71],"tags":[],"yoast_head":"\nFalse Markets. - GreenBug Energy - micro hydro<\/title>\n<meta name=\"description\" content=\"Comments by many who argue that Feed in Tariff programs just create \u201cfalse or fake markets\u201d and \u201cthat In a free and democratic country, a commodity's price should be determined by the marketplace and subject to the laws of supply and demand\u201d are based on the assumption of perfect markets. Therefore, they argue that feed in tariff programs are just unfair subsidies to certain producers that the expense of consumers. The problem is that the \u201cmarketplace\u201d is anything but perfect...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/greenbugenergy.com\/straight-talk\/false-markets\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"False Markets. - GreenBug Energy - micro hydro\" \/>\n<meta property=\"og:description\" content=\"Comments by many who argue that Feed in Tariff programs just create \u201cfalse or fake markets\u201d and \u201cthat In a free and democratic country, a commodity's price should be determined by the marketplace and subject to the laws of supply and demand\u201d are based on the assumption of perfect markets. Therefore, they argue that feed in tariff programs are just unfair subsidies to certain producers that the expense of consumers. The problem is that the \u201cmarketplace\u201d is anything but perfect...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/greenbugenergy.com\/straight-talk\/false-markets\" \/>\n<meta property=\"og:site_name\" content=\"GreenBug Energy - micro hydro\" \/>\n<meta property=\"article:published_time\" content=\"2016-01-19T15:48:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-30T16:32:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/greenbugenergy.com\/wp-content\/uploads\/market.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"500\" \/>\n\t<meta property=\"og:image:height\" content=\"334\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"GBadmin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"GBadmin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/greenbugenergy.com\/straight-talk\/false-markets#article\",\"isPartOf\":{\"@id\":\"https:\/\/greenbugenergy.com\/straight-talk\/false-markets\"},\"author\":{\"name\":\"GBadmin\",\"@id\":\"https:\/\/greenbugenergy.com\/#\/schema\/person\/d4fcfec08f648f947448c0b0f1ac255e\"},\"headline\":\"False Markets.\",\"datePublished\":\"2016-01-19T15:48:39+00:00\",\"dateModified\":\"2022-05-30T16:32:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/greenbugenergy.com\/straight-talk\/false-markets\"},\"wordCount\":383,\"publisher\":{\"@id\":\"https:\/\/greenbugenergy.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/greenbugenergy.com\/straight-talk\/false-markets#primaryimage\"},\"thumbnailUrl\":\"https:\/\/greenbugenergy.com\/wp-content\/uploads\/market.jpg\",\"articleSection\":[\"Micro Hydro Energy - issues & information\",\"straight talk\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/greenbugenergy.com\/straight-talk\/false-markets\",\"url\":\"https:\/\/greenbugenergy.com\/straight-talk\/false-markets\",\"name\":\"False Markets. - GreenBug Energy - micro hydro\",\"isPartOf\":{\"@id\":\"https:\/\/greenbugenergy.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/greenbugenergy.com\/straight-talk\/false-markets#primaryimage\"},\"image\":{\"@id\":\"https:\/\/greenbugenergy.com\/straight-talk\/false-markets#primaryimage\"},\"thumbnailUrl\":\"https:\/\/greenbugenergy.com\/wp-content\/uploads\/market.jpg\",\"datePublished\":\"2016-01-19T15:48:39+00:00\",\"dateModified\":\"2022-05-30T16:32:39+00:00\",\"description\":\"Comments by many who argue that Feed in Tariff programs just create \u201cfalse or fake markets\u201d and \u201cthat In a free and democratic country, a commodity's price should be determined by the marketplace and subject to the laws of supply and demand\u201d are based on the assumption of perfect markets. Therefore, they argue that feed in tariff programs are just unfair subsidies to certain producers that the expense of consumers. The problem is that the \u201cmarketplace\u201d is anything but perfect...\",\"breadcrumb\":{\"@id\":\"https:\/\/greenbugenergy.com\/straight-talk\/false-markets#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/greenbugenergy.com\/straight-talk\/false-markets\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/greenbugenergy.com\/straight-talk\/false-markets#primaryimage\",\"url\":\"https:\/\/greenbugenergy.com\/wp-content\/uploads\/market.jpg\",\"contentUrl\":\"https:\/\/greenbugenergy.com\/wp-content\/uploads\/market.jpg\",\"width\":500,\"height\":334},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/greenbugenergy.com\/straight-talk\/false-markets#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/greenbugenergy.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"False Markets.\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/greenbugenergy.com\/#website\",\"url\":\"https:\/\/greenbugenergy.com\/\",\"name\":\"GreenBug Energy - micro hydro\",\"description\":\"making micro-hydro possible\",\"publisher\":{\"@id\":\"https:\/\/greenbugenergy.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/greenbugenergy.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/greenbugenergy.com\/#organization\",\"name\":\"GreenBug Energy\",\"url\":\"https:\/\/greenbugenergy.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/greenbugenergy.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/greenbugenergy.com\/wp-content\/uploads\/Greenbug-logo3-e1409177412153.png\",\"contentUrl\":\"https:\/\/greenbugenergy.com\/wp-content\/uploads\/Greenbug-logo3-e1409177412153.png\",\"width\":390,\"height\":98,\"caption\":\"GreenBug Energy\"},\"image\":{\"@id\":\"https:\/\/greenbugenergy.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/greenbugenergy.com\/#\/schema\/person\/d4fcfec08f648f947448c0b0f1ac255e\",\"name\":\"GBadmin\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/greenbugenergy.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/12dc16b828b5f88318c1299d67c4e0bc?s=96&d=https%3A%2F%2Fgreenbugenergy.com%2Fwp-content%2Fthemes%2Fgreenbug%2Fimages%2Fgreenbuggravatar.png&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/12dc16b828b5f88318c1299d67c4e0bc?s=96&d=https%3A%2F%2Fgreenbugenergy.com%2Fwp-content%2Fthemes%2Fgreenbug%2Fimages%2Fgreenbuggravatar.png&r=g\",\"caption\":\"GBadmin\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"False Markets. - GreenBug Energy - micro hydro","description":"Comments by many who argue that Feed in Tariff programs just create \u201cfalse or fake markets\u201d and \u201cthat In a free and democratic country, a commodity's price should be determined by the marketplace and subject to the laws of supply and demand\u201d are based on the assumption of perfect markets. Therefore, they argue that feed in tariff programs are just unfair subsidies to certain producers that the expense of consumers. The problem is that the \u201cmarketplace\u201d is anything but perfect...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/greenbugenergy.com\/straight-talk\/false-markets","og_locale":"en_US","og_type":"article","og_title":"False Markets. - GreenBug Energy - micro hydro","og_description":"Comments by many who argue that Feed in Tariff programs just create \u201cfalse or fake markets\u201d and \u201cthat In a free and democratic country, a commodity's price should be determined by the marketplace and subject to the laws of supply and demand\u201d are based on the assumption of perfect markets. Therefore, they argue that feed in tariff programs are just unfair subsidies to certain producers that the expense of consumers. The problem is that the \u201cmarketplace\u201d is anything but perfect...","og_url":"https:\/\/greenbugenergy.com\/straight-talk\/false-markets","og_site_name":"GreenBug Energy - micro hydro","article_published_time":"2016-01-19T15:48:39+00:00","article_modified_time":"2022-05-30T16:32:39+00:00","og_image":[{"width":500,"height":334,"url":"https:\/\/greenbugenergy.com\/wp-content\/uploads\/market.jpg","type":"image\/jpeg"}],"author":"GBadmin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"GBadmin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/greenbugenergy.com\/straight-talk\/false-markets#article","isPartOf":{"@id":"https:\/\/greenbugenergy.com\/straight-talk\/false-markets"},"author":{"name":"GBadmin","@id":"https:\/\/greenbugenergy.com\/#\/schema\/person\/d4fcfec08f648f947448c0b0f1ac255e"},"headline":"False Markets.","datePublished":"2016-01-19T15:48:39+00:00","dateModified":"2022-05-30T16:32:39+00:00","mainEntityOfPage":{"@id":"https:\/\/greenbugenergy.com\/straight-talk\/false-markets"},"wordCount":383,"publisher":{"@id":"https:\/\/greenbugenergy.com\/#organization"},"image":{"@id":"https:\/\/greenbugenergy.com\/straight-talk\/false-markets#primaryimage"},"thumbnailUrl":"https:\/\/greenbugenergy.com\/wp-content\/uploads\/market.jpg","articleSection":["Micro Hydro Energy - issues & information","straight talk"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/greenbugenergy.com\/straight-talk\/false-markets","url":"https:\/\/greenbugenergy.com\/straight-talk\/false-markets","name":"False Markets. - GreenBug Energy - micro hydro","isPartOf":{"@id":"https:\/\/greenbugenergy.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/greenbugenergy.com\/straight-talk\/false-markets#primaryimage"},"image":{"@id":"https:\/\/greenbugenergy.com\/straight-talk\/false-markets#primaryimage"},"thumbnailUrl":"https:\/\/greenbugenergy.com\/wp-content\/uploads\/market.jpg","datePublished":"2016-01-19T15:48:39+00:00","dateModified":"2022-05-30T16:32:39+00:00","description":"Comments by many who argue that Feed in Tariff programs just create \u201cfalse or fake markets\u201d and \u201cthat In a free and democratic country, a commodity's price should be determined by the marketplace and subject to the laws of supply and demand\u201d are based on the assumption of perfect markets. Therefore, they argue that feed in tariff programs are just unfair subsidies to certain producers that the expense of consumers. The problem is that the \u201cmarketplace\u201d is anything but perfect...","breadcrumb":{"@id":"https:\/\/greenbugenergy.com\/straight-talk\/false-markets#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/greenbugenergy.com\/straight-talk\/false-markets"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/greenbugenergy.com\/straight-talk\/false-markets#primaryimage","url":"https:\/\/greenbugenergy.com\/wp-content\/uploads\/market.jpg","contentUrl":"https:\/\/greenbugenergy.com\/wp-content\/uploads\/market.jpg","width":500,"height":334},{"@type":"BreadcrumbList","@id":"https:\/\/greenbugenergy.com\/straight-talk\/false-markets#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/greenbugenergy.com\/"},{"@type":"ListItem","position":2,"name":"False Markets."}]},{"@type":"WebSite","@id":"https:\/\/greenbugenergy.com\/#website","url":"https:\/\/greenbugenergy.com\/","name":"GreenBug Energy - micro hydro","description":"making micro-hydro possible","publisher":{"@id":"https:\/\/greenbugenergy.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/greenbugenergy.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/greenbugenergy.com\/#organization","name":"GreenBug Energy","url":"https:\/\/greenbugenergy.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/greenbugenergy.com\/#\/schema\/logo\/image\/","url":"https:\/\/greenbugenergy.com\/wp-content\/uploads\/Greenbug-logo3-e1409177412153.png","contentUrl":"https:\/\/greenbugenergy.com\/wp-content\/uploads\/Greenbug-logo3-e1409177412153.png","width":390,"height":98,"caption":"GreenBug Energy"},"image":{"@id":"https:\/\/greenbugenergy.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/greenbugenergy.com\/#\/schema\/person\/d4fcfec08f648f947448c0b0f1ac255e","name":"GBadmin","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/greenbugenergy.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/12dc16b828b5f88318c1299d67c4e0bc?s=96&d=https%3A%2F%2Fgreenbugenergy.com%2Fwp-content%2Fthemes%2Fgreenbug%2Fimages%2Fgreenbuggravatar.png&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/12dc16b828b5f88318c1299d67c4e0bc?s=96&d=https%3A%2F%2Fgreenbugenergy.com%2Fwp-content%2Fthemes%2Fgreenbug%2Fimages%2Fgreenbuggravatar.png&r=g","caption":"GBadmin"}}]}},"_links":{"self":[{"href":"https:\/\/greenbugenergy.com\/wp-json\/wp\/v2\/posts\/8121"}],"collection":[{"href":"https:\/\/greenbugenergy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/greenbugenergy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/greenbugenergy.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/greenbugenergy.com\/wp-json\/wp\/v2\/comments?post=8121"}],"version-history":[{"count":3,"href":"https:\/\/greenbugenergy.com\/wp-json\/wp\/v2\/posts\/8121\/revisions"}],"predecessor-version":[{"id":12107,"href":"https:\/\/greenbugenergy.com\/wp-json\/wp\/v2\/posts\/8121\/revisions\/12107"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/greenbugenergy.com\/wp-json\/wp\/v2\/media\/8868"}],"wp:attachment":[{"href":"https:\/\/greenbugenergy.com\/wp-json\/wp\/v2\/media?parent=8121"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/greenbugenergy.com\/wp-json\/wp\/v2\/categories?post=8121"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/greenbugenergy.com\/wp-json\/wp\/v2\/tags?post=8121"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}