I wrote a lot about the rationing changes in Venezuela, and WordPress.com, which I don’t recommend, just lost it all. But the short answer to Jakob’s question:
In Venezuela, Chavez is saying that the power-rationing that has been necessary for the last few months is coming to an end…but where is Setty to tell us what is really going on??
is, so far, it’s unclear that this will make a whole lot of difference. If the basic industries and Caracas are going to stick with their savings programs, the only effect of these new measures is that it will free people psychologically to waste even more. But as I wrote before, the rolling blackouts didn’t save energy, and in fact the areas under rolling-blackout rationing all increased energy consumption. A lot.
The best part of this is that the courts will be back in service for more than three hours a day.
The bad news is that the wasteful habits people developed under the blackout rationing system are likely to stay. Without blackouts, that means power use is likely to increase even more. And if they get rid of the rationing for Caracas and the basic industries, Guri’s recent slight recovery is likely to slow, and my call of a bigger crisis in 2011 will become almost a certainty, with or without an unusually rainy season.
Meanwhile Igor Gavidia, who is apparently more or less in charge of the power rationing, says that the power waste in Venezuela is a result of capitalism encouraging waste. Spanish speakers with 18 minutes to spare on some prize demagoguery are encouraged to listen.