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It's not government in at least one major way: there are private shareholders which dividends are paid out to. This incentive structure perfectly aligns with m
by hamandcheese 10mo ago
It's not government in at least one major way: there are private shareholders which dividends are paid out to.
This incentive structure perfectly aligns with most of the dysfunction of PG&E.
So no, it isn't really comparable with a truly government owned public utility.