Comment by inferiorhuman
4 days ago
Dunno, I think it's quite reasonable to class electricity as a natural monopoly. What's less reasonable is regulatory capture. Landline telephones were insanely reliable in their heyday because they were required to be so. PG&E is reckless because they're allowed to be reckless.
Edit: For non-Americans, landline telephones were highly regulated up until '82 with AT&T having a government sanctioned monopoly.
Sure, and I would be lying if the libertarian bacon-wrapping of what I said was more than an litmus test and karma play, but the concept of good governance on a company like PG&E is so far out of the realm of possibility since citizen's united (and the public warping of perspective to agree with it) I don't see a very reasonable path forward to getting these (lovely, sweet, pure-hearted, well-meaning, community-oriented, positive, hard-working) people under control.
EDIT: *language, think of the children.