Post# 1572083075

26-Oct-2019 3:44 pm


PG&E vs CA :

PG&E provides electricity to CA homes. Sometimes its transmission lines burst up in flames. Sometimes those flames start wildfire.

So there's a scope to sue PG&E and CA did exactly that. This year PG&E ended up paying $12B in damages. It most likely doesn't even earn that much money.

The consequence? PG&E are now extra careful. Whenever the wind blows a little bit strong, they turn off the grid for almost everyone. Total power out. And power doesn't return even after wind has stopped. They manually check all the lines to ensure the line is ok, which takes upto a week, and then turn on the power. So CA is facing days and days of power out as a result.

Me thinks this is what you get for getting over-protective on your rights and bringing in too much anti-business laws.

26-Oct-2019 3:44 pm

Published
26-Oct-2019