Externalities. One of the biggest profit centers esp for regulated monopolies (which have barriers to entry and often regulated profit) is to make someone else

Externalities. One of the biggest profit centers esp for regulated monopolies (which have barriers to entry and often regulated profit) is to make someone else pay for your expenses and or cost cutting. Whether that's the world via pollution, or wildfires in CA or freezing to death in TX. After years of neglect and profit taking PG&E if forced, will claim it needs government subsidies and rate increases to pay for infrastructure overhaul. Or it will go bankrupt. The "capitalists" will take their golden parasites (or stock dividends, using any loses from stock sales to offset tax liability but more likely their connections let them sell before crash) and move on to running the next company. Employees will suffer, retail investors might get screwed. Two other popular and profitable externalities.