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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: marcher who wrote (62860)	10/12/2019 11:09:26 PM
From: Elroy Jetson	Respond to of 71463

PG&E notified customers for two days before November 8 that it might shut down power due to a forecast of 35 mph winds and low humidity compounding the conditions of a multi-year long drought. Ultimately, PG&E did not shut off the power and 87 people died in the resulting 2018 Camp Fire. Most who built their homes in high-risk mountain areas don't want a repeat of this catastrophe. But today, some PG&E mountain customers are insisting their electricity never be interrupted - regardless of how many people die due to their demands. In the time of Trump, this level of pathological selfishness is not surprising, but we can't give into their demands. These communities can be rebuilt to accommodate the current hotter and drier conditions, but as in Greece and Spain, few home owners are inclined to spend the money needed to do so. Climate change costs just associated with burying power lines is more than residents are willing to pay, even amortized over 30 years with debt. Regions potentially subject to preemptive power outages due to high winds coupled with dry conditions below 5% humidity

To: marcher who wrote (62860)	10/13/2019 2:38:53 AM
From: maceng2	1 Recommendation Recommended By marcher Read Replies (2) \| Respond to of 71463

It sounds to me like the monopoly PG&E need to be taken down a peg or two. If the fire risk is such a big deal, why have they not yet put the power distribution underground? The link say it's poorly maintained infrastructure, that is the reason why the wild fires started, they also have shown safe "above ground" solutions already part of the distribution network. Sounds to me "the people" should stick it to PG&E, and the insurance companies too. Big time. What are the so called "smart guys" in Silicon Valley doing about it? Looks to me they cannot innovate their way out of a cardboard box without a lid.