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>At some levels of regulation, there is no meaningful difference between private and nationalized. The one regulation missing for this in PG&E's case is mandat
by unlinked_dll 7y ago
>At some levels of regulation, there is no meaningful difference between private and nationalized.
The one regulation missing for this in PG&E's case is mandating profit reinvested in infrastructure ahead of shareholder dividends, buybacks, and|or executive compensation.
- Consultant32452 7y agoI think you'd get better results with a system that increases competition and incentivizes things like quality of service. The competition has the side benefit of decreasing those profits you seem concerned about. Forcing them to spend money internally just incentives internal costs to increase, not to improve quality of service.