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PG&E make about $16 BILLION in profit each year. [1] Just like healthcare and higher education, the reason it costs so much in the US is because they're all fo
by grecy 3y ago
PG&E make about $16 BILLION in profit each year. [1]
Just like healthcare and higher education, the reason it costs so much in the US is because they're all for profit, and maximizing profit is the goal.
[1] https://www.macrotrends.net/stocks/charts/PCG/pacific-gas-electric/gross-profit https://www.macrotrends.net/stocks/charts/PCG/pacific-gas-el...