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Privatised firms have often, though not always, done a good job of operating existing assets.
Even the traditionally staid Edison Electric Institute notes "Electrification of the transportation sector is a potential 'quadruple win' for electric utilities and society, and will enable companies to support environmental goals, build customer satisfaction, reduce operating costs and assure the future value of existing assets".
And DIY retailer B&Q's Streetclub concept is encouraging local communities to co-operate and share more, to make better use of existing assets rather than wastefully buying new ones.
These also help maximise the use of existing assets.
The second (fixed-asset investment) adds in spending on already existing assets, including land.
Existing assets and benefits can be used over a transition period to reduce future contributions.
But this is the exact right approach, to focus on the existing assets".
They can be used to buy existing assets, such as homes, office-blocks or rival firms.
In practice, however, debt is used to finance the purchase of existing assets, leading to bubbles.
"Launching Maven in 2013 protects the existing assets that are at Mars today," Dr. Jakosky said.
Sale of existing assets.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com