In all the conversation about PG&E's looming bankruptcy, I feel like Californians grossly underestimate the costs of adapting our energy grid to climate change/wildfire. It's $4-5M/mile to underground lines, $5K/stump to remove hazardous trees. PG&E did 451K of them after 2016.
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You also have to factor in things like earthquake faults, steepness of the land, etc. It's much cheaper to maintain and restore overground powerlines as well. The CPUC has an anti-undergrounding stance at the moment.
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Although given the extremely rough and/or remote topography some of those lines are in, wouldn't shock me if costs were higher in many places
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I'd imagine there's a lot of potential innovation possible in the space, but it's good to save for fiscal stimulus for a recession
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