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> California has fucked up so badly by not nationalizing PG&E Is this…a thing California could even do? Is there some state-actionable version of nationalizati
by culturestate 3y ago
> California has fucked up so badly by not nationalizing PG&E
Is this…a thing California could even do? Is there some state-actionable version of nationalization that I’ve never heard of?
- toomuchtodo 3y agohttps://news.ycombinator.com/item?id=34017163 https://news.ycombinator.com/item?id=34017163 (citations in comment) https://news.ycombinator.com/item?id=34015491 https://news.ycombinator.com/item?id=34015491 (thread)
- aidenn0 3y agoMost (all?) states have Eminent domain rights. They would have to pay fair-market value, but recently PG&E was bankrupt so...
- culturestate 3y agoI might be wrong, but I was under the impression that eminent domain wasn’t available to states for transactions like this. A quick search turned up this article[1] talking about an attempt to do exactly what we’re talking about here, but it was ultimately settled out of court and as far as I can tell it’s still an open question as to whether a state government can legitimately exercise eminent domain in this context. 1. https://mckinneylaw.iu.edu/ilr/pdf/vol38p55.pdf https://mckinneylaw.iu.edu/ilr/pdf/vol38p55.pdf