OPINION - BUSINESS WORLD
Revolutionary California
Can 40 million suffer third-world electric reliability without a political upheaval?
Opinion: California’s Dark Ages
High gas prices and rolling blackouts by PG&E are hitting Californians hard, thanks to years of mismanagement by politicians in Sacramento. Image: Rich Pedroncelli/Associated Press
By Holman W. Jenkins, Jr.
Oct. 29, 2019 6:53 pm ET
California may well be entering a pre-revolutionary situation as the Marxists would call it. Unlike the rolling blackouts of 19 years ago, today’s outages cannot be stopped with a simple act of regulatory courage, which then consisted simply of guaranteeing that suppliers would get paid for power they supplied under long-term contracts.
Back then, a feckless governor dithered. Over 11 months, residents suffered blackouts that in their totality are already exceeded by just one of the intentional outages called in recent weeks...
READ MORE: https://www.wsj.com/articles/revolutionary-california-11572389585?mod=trending_now_2
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Chân thành cám ơn Quý Anh Chị ghé thăm "conbenho Nguyễn Hoài Trang Blog"
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