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PG&E 2019 Bankruptcy reminds me of Enron’s 2001 Bankruptcy


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


Backs on other platforms are below…


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IOT, Internet of Things

#IOT Internet of Things, was popularized in 2012-2018 by GE, and other industrial companies to highlight Industrial assets will produce and consume more data over the internet then people.

Because of IOT, both industrial and technology companies have been racing to build clouds, for both industrial and consumer grade products to store analyze their censor data…

IOT has lead to other area’s of data analytics which include Machine Learning, Artificial Intelligence, Autonomous Drones, Personal Assistance, to compliment a smart office, smart house, smart car, in addition to your smart phones.

All of which can be leveraged to create a real world game of starcraft in reality.

Just say’n