It's a disaster and has been for a very long time. There is no public good for it to have stockholders, it doesn't add value to the people of CA.
16 million customers is an insane amount. Which would make there be more political will to regulate them I would think. Like I keep saying: this is bizarre to me as someone who studies industrial organization and regulation.
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Like if I were someone who studied frogs and found a 25 lb frog that breathed fire and shit silver thread I'd have approximately the same reaction I am having to "how the fuck was PG&E allowed to arrive at this state?"
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