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by wincy 1135 days ago
Sorry what is PG&E? I googled it, is this a reference to the power company in California? I don’t live in California so am not sure. I thought initially maybe it was some acronym for Privatize Gains and Externalize losses?
1 comments

Yep, the California power company. There's a whole long saga, but the short of it is that California decided to privatize electricity companies, that horribly imploded, and in the long run we ended up with a quasi-monopoly for a horrible company that's so bad at maintenance, they set the state on fire on a regular basis.

But sure, privatize gains and externalize losses works too :)