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kimmaicutler's profile
Kim-Mai Cutler
Kim-Mai Cutler
Kim-Mai Cutler
Verified account
@kimmaicutler

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Kim-Mai CutlerVerified account

@kimmaicutler

Partner at @initialized. Previously @techcrunch. When life hands me lemons, I make tarte au citron.

San Francisco
medium.com/initialized-ca…
Joined April 2008

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    1. Kim-Mai Cutler‏Verified account @kimmaicutler 25 Oct 2019
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      Kim-Mai Cutler Retweeted Chris Garrett

      Wait what? 🤯https://twitter.com/cjg2127/status/1187972495250341888 …

      Kim-Mai Cutler added,

      Chris Garrett @cjg2127
      And in those proceedings, there is an independent division of the CPUC (the 'Office of Ratepayer Advocates') that has typically argued against maintenance and safety expenditures, so that rates can be kept low: https://en.wikipedia.org/wiki/Office_of_Ratepayer_Advocates … pic.twitter.com/wqyiKR9anU
      Show this thread
      4 replies 7 retweets 42 likes
    2. Michael Wara‏ @MichaelWWara 26 Oct 2019
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      Replying to @kimmaicutler

      These folks have a lane. And it’s important to understand that in this process, their lane is to push PG&E to fully justify any expenditure. The IOU has not always done a good job in justifying these expenditures. The big miss though is that fire was even a major enterprise risk.

      4 replies 0 retweets 8 likes
      Kim-Mai Cutler‏Verified account @kimmaicutler 26 Oct 2019
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      Replying to @MichaelWWara

      If the state takes them over, there is no way the state gets out of inverse condemnation right? So if there’s a fire and PG&E is a public utility, then it’s like CA has $30B in liabilities?

      8:17 AM - 26 Oct 2019
      • 1 Retweet
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      • Ryan Radia Roshan Ali Noah Pepper Stay at Home Shy Steve Lawton Next door in Silicon Valley Robert Thomas inversecondemnation.com Michael Wara
      4 replies 1 retweet 8 likes
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        2. David Krause‏ @davidekrause 26 Oct 2019
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          Replying to @kimmaicutler @MichaelWWara

          Correct. But that is a assuming a public utility would have / will do as bad of a job at maintaining California's infrastructure. It seems a public utility would not be as incentivized to go on a "cost-savings journey" as PG&E did in 2015 to increase short-term profits ... 1/2

          2 replies 0 retweets 2 likes
        3. Michael Wara‏ @MichaelWWara 26 Oct 2019
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          Replying to @davidekrause @kimmaicutler

          But see this on the one state agency that does run a power system in California. The underlying report is umm, frightening. And maintaining big pieces of concrete is way easier than what PG&E has to do.https://www.latimes.com/local/california/la-me-water-chief-ouster-20180110-story.html …

          1 reply 0 retweets 3 likes
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        2. Michael Wara‏ @MichaelWWara 26 Oct 2019
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          Replying to @kimmaicutler

          Correct. Imagine fitting that into the state budget. During a recession.

          1 reply 0 retweets 3 likes
        3. Arno Harris‏ @ArnoHarris 26 Oct 2019
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          Replying to @MichaelWWara @kimmaicutler

          Or victims would just be screwed by a state that puts limits on what it pays for damages. Neither are great answers. I have yet to hear an argument for making PG&E public that lays out a way in which public ownership solves the core problem facing the utility.

          1 reply 0 retweets 1 like
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        1. Matt Regan‏ @MattRegan10 26 Oct 2019
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          Replying to @kimmaicutler

          pic.twitter.com/7Kt5hCBVhc

          0 replies 0 retweets 1 like
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        1. Robert Thomas inversecondemnation.com‏ @invcondemnation 26 Oct 2019
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          Replying to @kimmaicutler @MichaelWWara

          If the state takes over the utility, the current doctrine of utility inverse condemnation becomes even more "inverse cobdemnationey." No change in the liability model. Only dif might be whether ratepayers or all taxpayers foot the just comp bill.

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