I’m very supportive of more progressive federal taxation. With CA state, it’s a more complicated question because you’d be doubling down on the same structure that left us with $40-100B deficits in the last recession.
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Replying to @kimmaicutler @kenyaw and
If the public has 2 pay for it 1 way or another, there's no difference if we bail out pg&e, form discrete MUDs, form a statewide utility, or whatev. We still debt finance against future revenues. If we're paying, we should pay in the most progressive way, & should own the system
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Replying to @upwithppl @kenyaw and
The most progressive ways to fund California’s systems and services also happen to be the most unpredictable and most volatile.
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Replying to @kimmaicutler @kenyaw and
sounds like some means need seizin'!
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If you’re talking about PG&E, that’s on the table. If you’re talking about everything else, my mom’s family went through that and some of her childhood friends’ parents died in camps.
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Replying to @kimmaicutler @uhshanti and
Is there a guide or essay somewhere that explains how this won’t end up in authoritarianism this time?
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Replying to @kimmaicutler
with the market socialism of Matt Bruenig & co the answer to that question is basically: Norway (just instead of "seize" you should go with "tax and gradually take over"). ofc Real Socialists don't agree with him haha.
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Replying to @eean @kimmaicutler
dropping death camps on the table is something, I would've gone with: the challenges of California wildfires are basically the same regardless of who owns what :D
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Replying to @eean @kimmaicutler
Yep. A reminder that all utilities are monopolies, either heavily regulated privately owned monopolies or local publicly owned monopolies (or federal in the case of TVA). No ownership model is immune to corruption, neglect, mistakes, or natural disasters.
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Replying to @42applesenergy @kimmaicutler
yeah, though I would make a narrower argument that public ownership is better than the awkwardness of a regulated monopoly. anyways certainly PG&E ain't working.
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they know they aren't working.
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Replying to @kimmaicutler @eean
I think the debate about ownership structure is a red herring to necessary a) Reconsideration of tradeoffs between service reliability and safety b) Management of hazard-prone infrastructure c) Repair/replacement of that infrastructure (maybe with DERs in some areas)
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Replying to @42applesenergy @kimmaicutler
I don't disagree but they are entering Chapter 11 this month, so it's not so much a red herring as just more shit we have to deal with
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End of conversation
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