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CPUC sets the regulations. PG&E finds the easiest way to maximize profits under those regulations. Sometimes those profits are maximized by by just dumping th
by anonAndOn 6y ago
CPUC sets the regulations. PG&E finds the easiest way to maximize profits under those regulations. Sometimes those profits are maximized by by just dumping the hexavalent chromium rust inhibitor into the ground.[0] Other times by delaying maintenance on 100 year old towers.[1] Even executive personal profits can be maximized by diverting safety operations funds for executive bonuses. [2] Privatization of public utilities for the win!
[0]https://en.wikipedia.org/wiki/Hinkley_groundwater_contamination https://en.wikipedia.org/wiki/Hinkley_groundwater_contaminat...
[1]https://en.wikipedia.org/wiki/Camp_Fire_(2018)#Infrastructure_oversight_inspection https://en.wikipedia.org/wiki/Camp_Fire_(2018)#Infrastructur...
[2]https://en.wikipedia.org/wiki/San_Bruno_pipeline_explosion https://en.wikipedia.org/wiki/San_Bruno_pipeline_explosion