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benced | 2 months ago
Even if advocates got everything they wanted here (6% margin vs 10% margin), that would lower rates by... 1.2 cents. PG&E desperately needs to be reformed into a competent organization, something that nobody in (Newsom) or adjacent to (these advocates) power in California seems to want to do.
https://www.eia.gov/electricity/monthly/epm_table_grapher.ph...
refurb|2 months ago
The CA Governor is the one who selects the people on the committee that regulate PG&E.
And the same committee approves PG&E’s budget and rate each year, all the way down to the fine details such as repairing an electrical fence at a substation.
This problem is entirely under the control of Newsom and the CA legislature yet they seem completely uninterested in fixing it.
amypetrik8|2 months ago
The same is much true of California. So many strict laws and regulation. For the environment? For safety? Why I can't build a house? No, no - they don't want anyone building houses to keep the prices pumped up high. Same for many things. Keep PG&E rich, and PG&E will keep the people in power rich either directly or through the major supporters of said politicians
mrguyorama|2 months ago
Fixing this would require both public funding of campaigns, and immense limits to campaigns. Certain people, ignorant or malicious, will pitch an insane fit about trying to do that.
It doesn't matter how much certain politicians "suck" because the way the system is built, your choices are a guy who is awful but will implement some of what you want, or a guy who is fucking bonkers and will destroy our country, and this is true regardless of your political affiliation.
Even Bernie sucks the political party money teat. Because being the most popular senator isn't a reliable enough way to get elected!
Our politicians spend more time on the job calling rich people and begging for cash than they do actually voting on or discussing legislation.
This will only continue to get worse because the rich people are fully in control, and it benefits them to keep pushing the cost of a campaign higher, as the richer of the rich benefit from boxing out the "just" very rich.
Any change requires serious moves to unseat the current supreme court.
Currently, populism is much more effective for extremely regressive and outright hateful politicians than extremely progressive ones though, so expect things to get much much worse.
FDR was only elected and provided the actual power to make changes after 30% of the country was jobless, and an entire generation had been raised in horrific fiscal policy, and lived in a world where a hard worker for 50 years died in the ditch because we had no retirement program or way of feeding people who no longer work.
If we do literally everything right and the very angry and stupid people suddenly put aside their hatred of "others" for long enough to actually vote for a good idea, we might see improvements in 30 years.
kelnos|2 months ago
It's amazing that we had a governor recalled 20 years ago in no small part due to utility-related scandals, but these days, being a public servant in their pocket is just business as usual.
kyboren|2 months ago
"It is difficult to get a man to understand something, when his salary depends upon his not understanding it!"
- Upton Sinclair, I, Candidate for Governor: And How I Got Licked (1935)
Ironically that quote came from a book about Sinclair's failed bid to win the CA governorship...
nebula8804|2 months ago
twoodfin|2 months ago
fulafel|2 months ago
benced|2 months ago
autoexec|2 months ago
unknown|2 months ago
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