3 ms·
> CA wholesale power prices are very low globally, while retail prices are sky high b/c PG&E is a monopoly combined with an inadvertent domestic terrorist organ
by xyzzyz 6y ago
> CA wholesale power prices are very low globally, while retail prices are sky high b/c PG&E is a monopoly combined with an inadvertent domestic terrorist organization.
What "inadvertent domestic terrorist organization"? BTW, PG&E prices are set by California government.
- r00fus 6y agoPG&E practices the time honored tradition of stochastic terrorism through incompetence (avoiding maintenance commitments) and regulatory capture (to avoid the penalties). https://www.nytimes.com/interactive/2019/03/18/business/pge-california-wildfires.html https://www.nytimes.com/interactive/2019/03/18/business/pge-...
- dredmorbius 6y agoLook at PG&E's recent accident and incident record.