Negotiations pitted California utilities against insurers in a fight over who pays after a damaging wildfire. The deal fell short of Newsom’s aims to limit utilities’ liability.
Meanwhile, the real solution – de-deregulating the utilities and getting rid of the moral hazard of having them be for-profit corporations at all to begin with – wasn’t even on the table.
Meanwhile, the real solution – de-deregulating the utilities and getting rid of the moral hazard of having them be for-profit corporations at all to begin with – wasn’t even on the table.
I’m so tired of pretending he’s not a fascist
De-regulating? Or re-regulating?
De-de-regulating. The double negative is important! 🤓
He won’t do it cuz his corporate overlords will yank his chain.