2 ms·
well, to be fair the premise that public ownership is somehow going to fix this turkey is a bit flippant in and of itself. required reading: Washington Public P
by maximente 7y ago
well, to be fair the premise that public ownership is somehow going to fix this turkey is a bit flippant in and of itself. required reading: Washington Public Power Supply System (WPPSS) scandal during 70s-80s for both pros and cons of non-private utility ownership
really this is a regulatory failure. see e.g. https://www.wsj.com/articles/a-cat-and-mouse-game-pg-es-long-record-of-run-ins-with-regulators-and-courts-11567707731 https://www.wsj.com/articles/a-cat-and-mouse-game-pg-es-long... . Harris largely did nothing FWIW; to be fair it's not clear that any other regulator would do anything differently.