It's a gas! Or is it? Energy regulation in a time of war and decarbonisation
The Competitive Edge
00:00
Is It Up to the Economists to Balance Out the Long Term Interests?
It's up to the regulator to decide, what do i think are the objectives or the interests of consumers? To broaden it beyond economic efficiency. Do economists risk isolating themselves a little bit from the real worlds if they don't acknowledge the broader social implications of these economic definitions around efficiency, et cetera? When you look out the window, we've got floods and fires s and things that are connected to climate change issues,. Theyre having a huge cost, huge economic cost for the country.
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