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Thank you for pointing out why it should be a public utility that does the right thing rather then a private company who was willing to burn the state down for
by katbyte 2y ago
Thank you for pointing out why it should be a public utility that does the right thing rather then a private company who was willing to burn the state down for profit.
- nine_k 2y agoPublic utilities can also face perverse incentives, and be run poorly. Commercial enterprises at least can face some competition! But with infrastructure like last-mile gas pipelines, it's tricky, and the companies end up being local monopolies. Hence the trouble: a monopoly has very different incentives than a company actually competing on the market.