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38 sats \ 8 replies \ @Satosora 21 Aug \ parent \ on: Krugman: Harris Hasn’t Proposed Price Controls and It’s Good That She Did econ
I didnt know it was that bad in california.
I just knew their energy sector had problems creating wildfires.
That was over 20 years ago. My impression is that things have only gotten worse since then.
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Several of those fires have been started by incompetent management of those utilities.
@Bell_curve seems to see everything that happens on SN, but I'll tag him just in case.
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Incompetent management is the biggest factor.
Man made fire problems are blamed on climate change.
Proper management includes forced burning and/or cutting trees. A lot of left wing enviromental professors recommended this in 2003. I haven't kept up with the literature since.
The state has phased out oil drilling and nuclear plants; the next target is natural gas.
Hydroelectric plants and dams are also being dismantled. The goal is to get all energy from solar and wind (an impossible goal).
edit: Trees consume too much water. The best part about California is fake not real trees.
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The problem in 2001 was market distortion caused by the state: power companies could had a ceiling for consumers (price control) but no ceiling for wholesalers (gouging).
Brave search ai has a decent explanation...
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