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Ecological Disaster as 10,000 Acre Solar Farm in Texas Destroyed by Hail Storm -MSN(msn.com)

18 points17 points20 points submitted by Questionable

x0x7 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun 1 month ago

As long as whoever was dumb enough to make that investment eats 100% of the cost I'm OK with it.

Oh wait, no, we've been subsidizing solar panels.

Questionable[S] 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun 1 month ago

What could that land have been used for?

Now it's polluted with toxic chemicals.

x0x7 1 insightful - 2 fun1 insightful - 1 fun2 insightful - 2 fun 1 month ago

This is why land is expensive. The cost of ruining it is high. When you buy land you are basically paying the amount of all opportunity cost of what else it could be used for for all time adjusted by a time dependent discount factor.

So in a perfect free market if he bought the land and can never sell it he ate exactly the amount of cost that he should.