PG&E declares bankruptcy in 2019, due to the California 2017 & 2018 state wide fires…
PG&E is equipment was found to be the source of 17 out of 21 fires. The questions is, why is PG&E no longer able to maintain their equipment?
A brief discussion asking the question, why has Electricity prices increased from $00.01-$00.03/kwh to $00.36/kwh, which will probably increase to $00.40-$00.50/kwh as the result of PG&E’s bankruptcy.
Regardless of decades of Solar Panels & Wind Turbines being installed in addition to coal, nuclear, and hydro electric that has traditionally powered California for over a century. Shouldn’t the cost of electricity be going down, instead of going up if we continue to increase power production with Solar & Wind?
What is going on? Why has the cost of electricity skyrocketed in cost by 120% since 2000.
When Enron collapsed as the result of “Enron scandal” October of 2001, and lead to the bankruptcy of the Enron Corporation. Many executives at Enron were indicted for a variety of charges and some were later sentenced to prison.
https://www.youtube.com/watch?v=gaZOI
The question is what happened? this video touches on some of the events leading up to the 2017-18 California State Fire’s.
[NTOES]
Enron Corporation was founded 1985, by Kenneth Lay after merging Houston Natural Gas and InterNorth. https://en.wikipedia.org/wiki/Enron_s…https://en.wikipedia.org/wiki/Enron:_…
PG&E was founded 1905. The Pacific Gas and Electric Company (PG&E) is an American investor-owned utility (IOU) with publicly traded stock. https://en.wikipedia.org/wiki/Pacific…
Southern California Edison was founded in 1896. Southern California Edison (or SCE Corp), the largest subsidiary of Edison International. https://en.wikipedia.org/wiki/Souther…
https://en.wikipedia.org/wiki/Enron:_The_Smartest_Guys_in_the_Room
PG&E was founded 1905. The Pacific Gas and Electric Company (PG&E) is an American investor-owned utility (IOU) with publicly traded stock. https://en.wikipedia.org/wiki/Pacific_Gas_and_Electric_Company
Southern California Edison was founded in 1896. Southern California Edison (or SCE Corp), the largest subsidiary of Edison International.
https://en.wikipedia.org/wiki/Southern_California_Edison
Tesla, Inc.parrent company of Solar City. https://en.wikipedia.org/wiki/Tesla,_Inc. https://en.wikipedia.org/wiki/SolarCity
California Governors mentioned:
(D)Gray Davis – https://en.wikipedia.org/wiki/Gray_Davis (R) Arnold Schwarzenegger – https://en.wikipedia.org/wiki/Arnold_… (D)Jerry Brown – https://en.wikipedia.org/wiki/Jerry_B… (D)Gavin Newsom – https://en.wikipedia.org/wiki/Gavin_N…
Federal Poloticans mentioned:
(D) Vice President Al Gore : https://en.wikipedia.org/wiki/Al_Gore (R) President George W Bush: https://en.wikipedia.org/wiki/George_… (R) President Trump: https://en.wikipedia.org/wiki/Trump (D) https://en.wikipedia.org/wiki/Barack_…SHOW LESS