We need to ban gasoline-powered vehicles and rely on power lines to charge electric cars, because what have electric power lines ever done to harm the environment?
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Replying to @Steve_Sailer
It's a funny gotcha but power lines somehow manage to not be a catastrophic danger in states that aren't (entirely) run by an alliance of progressive religious fanatics and grifters addicted to the money to be made off virtue signalling.
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Yeah, such a giant and powerful corporation that the state made them liable for wildfires. It's a puppet for the state government because it has nothing but fixed assets.
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PaulFrantizek ❌ Retweeted
No kidding. Absent a decent dividend who would invest in a Cali energy utility? The state is run by Green zealots and eco-grifters who see electricity generation as a lemon to be squeezed. I can't wait until they bankrupt PG&E and the state takes over. https://twitter.com/mike_jochum/status/1190483688716460033?s=20 …
PaulFrantizek ❌ added,
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Replying to @mike3141592653 @mike_jochum and
Plainly contradicted by reality: * Can't build nuclear power plants * Forced to spend on unprofitable renewables - benefiting the connected people who run manufacturing for them * Forced to pay for residential solar panels that do zero for them * Held liable for forest fires
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Replying to @CovfefeAnon @Steve_Sailer
PaulFrantizek ❌ Retweeted PaulFrantizek ❌
Yeah, nothing he said contradicted my post. If PGE stopped paying a dividend, their stock would crater and the company would likely death spiral. And given Cali's regulatory environment, no other utility companies would likely want to enter the market.https://twitter.com/FrantizekPaul/status/1190548812093370368?s=20 …
PaulFrantizek ❌ added,
PaulFrantizek ❌ @FrantizekPaulReplying to @CovfefeAnon @mike_jochum @Steve_SailerNo kidding. Absent a decent dividend who would invest in a Cali energy utility? The state is run by Green zealots and eco-grifters who see electricity generation as a lemon to be squeezed. I can't wait until they bankrupt PG&E and the state takes over. https://twitter.com/mike_jochum/status/1190483688716460033?s=20 …1 reply 0 retweets 1 like
He thinks "they're greedy and want profits" explains why they don't maintain the infrastructure. Hint: they're a power company and they sell electricity - having blackouts is lost money for them unless they're selling electricity at a loss. If it's the latter that's the issue.
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