Isn’t completely obvious the mandates by govt have raised their cost of business to the point of bankruptcy. You can’t do good maintenances when you don’t have the money. They can’t print it…
Back to the left not understanding basic economics…
I cant speak for California specifically, but the utility I work for is getting into solar and wind because they want to be ahead of the market with the demand for energy. The costs are going down and there is money to be made.
Utilities would rather sell power from their solar and wind, then try to deal with thousands of customers with their own micro generation.
" US judge orders PG&E to use dividends to pay for efforts to reduce wildfire risks"
A U.S. judge said on Tuesday that PG&E may not resume paying dividends and must use the money to fund its plan for cutting down trees to reduce the risk of wildfires in California.
The judge stopped short of more costly measures he proposed earlier this year.
The new criminal probation terms for PG&E are modest compared with ones the judge had in mind in January and that PG&E said could have cost upwards of $150 billion.
So, if other forms of energy production are outlawed we starve… As we see in Venezuela and the rest of history starving people don’t make leftists change their laws…