3 ms·
> revoking permits after a company has spent billions laying pipes using government-granted permits does leave a bad taste in my mouth. I agree that it's not i
by grecy 5y ago
> revoking permits after a company has spent billions laying pipes using government-granted permits does leave a bad taste in my mouth.
I agree that it's not ideal, but we have to remember things are changing rapidly, and we need to take decisive action if we have any hope of minimizing the most severe impacts of climate change.
With the rapid price decline in solar and batteries, the shift to EVs and so many other things going on, we have to remember that anyone who invests in the "old way" is taking a huge risk. In this case their risk did not pay off.
They could have chosen not to take that risk, or invest in something less risky.