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Bill: Private Grid Stability Act. 2143

Details

Submitted by[?]: Liberal-Progressive Union

Status[?]: defeated

Votes: This is an ordinary bill. It requires more yes votes than no votes. This bill will not pass any sooner than the deadline.

Voting deadline: November 2144

Description[?]:

1) To ensure and stimulate economic growth with private industry providing the nations power grid.
2) Foreign Investment into this industry will provide revenue for both the comapny and tax revenue for the government.
3) Helps unemployment due to expansion, and profit and ensures the continual employment of it's employee's.
4) Service provided will be superior due to desire for investment and profit.

Proposals

Debate

These messages have been posted to debate on this bill:

Date13:45:51, November 21, 2005 CET
From Deltarian Nationalist Party
ToDebating the Private Grid Stability Act. 2143
MessageI'm not advocating this but is this not bad for the economy, a single company holding a monopoly? I'm just thinking of similar things such as Railtrack and Camelot.

Date14:57:58, November 21, 2005 CET
From We Say So! Party
ToDebating the Private Grid Stability Act. 2143
MessageA single private company owning the rights to operate the National grid would be extremely bad for the economy for reasons to be outlined below.

Private companies operate for profit. In order to generate said profit their costs must be outweighed by their income. With respect to a private grid system, their customers are other electricity providers who provide the link between the grid and the consumer. A single monopoly can set their prices at any level they wish, whether the service is of high quality or not, and their consumers (in this case electricity supply companies) are forced to pay.
In order to increase revenue, as is any companies want, they have two ways to accomplish that;
1.Reduce costs. This can be done in a number of ways including reducing staffing levels and/or reducing maintenance on the grid network itself. With a single monopoly, their consumers have no choice but to stay with them.
2. Increase their prices. Again, with the lack of choice and no competition, their consumers are forced to continue to use the grid or withdraw from the business, leaving them the option of either taking any cost increases on themselves or increasing the cost to the consumer. In all cases, this is bad for the consumer and the people at large.

A single State owned grid would be more likely to maintain standards as they are less interested in the overall cost of operations but more interested in maintaining the service, this is especially true when it is remembered that their paymasters are the public at large and Government, and those parties in power would not want to see a reduction in service otherwise the electorate would be less inclined to vote them back into office.

Date18:55:41, November 21, 2005 CET
From Capitalizt Party
ToDebating the Private Grid Stability Act. 2143
MessageThis time, I gotta agree with WSS!P.
I know it by direct experience - State privatizing certain sectors just to get money, uncaring of the monopolies they are forming.

Private monopolistic companies = State services tyranny.
The taxes you would have otherwise payed to the State, you pay it in the shapes of 'private revenues'.

Private monopolistic services maintenance = State services maintenance
Both the State and Private companies won't care a lot about the service they offer. Afterall, they still get the revenue they want.

I'll vote for this, recognizing that even a monopolistic private company is better than State service (not by much) but if it ever passes, I'll propose for different Private companies sharing the national power grid.

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Voting

Vote Seats
yes
  

Total Seats: 165

no
      

Total Seats: 235

abstain

    Total Seats: 0


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