Markets never will cohere ‘naturally’ and unproblematically in this setting. Doing the same thing over and over again and expecting different results may not always amount to insanity, but nonetheless, attempts to ‘reform’ and ‘improve’ the electricity market are doomed, and, as the climate crisis escalates, such attempts summon a mishmash of fearful metaphorical imagery. ‘Roads to nowhere’ is certainly one such image. ‘Fiddling while Rome burns’ might be more apposite yet.
