How a California Electricity Utility Caused Deadly Wildfires
Peoples & Things
00:00
PG&E - A Regulatory Monopoly?
After World War II, PG&E had enough financial might to just embark on this really ambitious expansion plan that it completed. By the 90s, collectively, a lot of thought leaders were looking around and saying energy prices are too high. What if we deregulate this industry and make it so that it's subject to market forces in a way that it hasn't been in 100 years? California was one of the first states to embark on this deregulation experiment without boring everyone with the details.
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