[alexmingoia]

We'll still use that 0.5% for something else, right? It's not as if power generation (and emissions) will be reduced.

[capableweb]

Energy generation changes depending on energy usage. The grids around the world are highly flexible (in relative terms) so when energy usage goes down, less energy is produced and vice-versa.

[Jolter]

No, what happens is that the price per kWh drops.

The only way production drops is if that takes the price below the point of profitability.

[chinathrow]

Some power generation is done by demand, e.g. coal plants are fired when there is demand or turned off when there is low demand. Same with e.g. pumped hydro and other sources.