Governor Gavin Newsom has floated that America’s billionaire should buy PG&E. Here’s why that’s a bad idea.
electric utilities
Posted inEnergy and the Environment
Private Utility Companies Keep Merging and Merging
A reported deal between PPL and Avangrid would create an East Coast energy giant with over 13 million customers. That could be bad for ratepayers, and the climate.
Posted inMoney, Politics, and Power
JPMorgan Gets Back Into the Electricity Business
An El Paso, Texas, electric utility is being purchased by an investment fund with deep, undisclosed ties to the big bank.
Posted inEnergy and the Environment
San Francisco Makes a Charge Toward Public Power
The city’s bid to take over PG&E could mark a turning point in restoring a more environmentally and economically just power grid.