Victor Davis Hanson asks: Is California Becoming Premodern?
The same California that has been the seedbed of world-famous companies like the ones that make it possible for people to send widely viewed short missives of 280 characters or fewer and share and like images of grumpy cats isnt doing so well at keeping the lights on.
The same California that has boldly committed to drawing half of its energy from renewable sources by 2025 and 100 percent renewable energy by 2045 cant manage its existing energy infrastructure.
The same California that has pushed its electricity rates to the highest in the contiguous United States through its mandates and regulations doesnt provide continuous access to that overpriced electricity.
California Gov. Gavin Newsom, who has to try to evade responsibility for this debacle while presiding over it, blames dog-eat-dog capitalism for the states current blackout crisis. It sounds like he is referring to robber barons who have descended on the state to suck it dry of profits while burning it to the ground.
But in fact, Newsom is talking about one of the most regulated industries in the state namely, Californias energy utilities that answer to the states public utilities commission.
Milton Friedman said that if you put the government in charge of the Sahara desert, in five years there would be a shortage of sand. Put progressives in charge of the nations most advanced economy, and pretty soon you cant even keep the lights on.
#1: Lod To: Horse (#0)
Go gov, go FUBAR.
Lod posted on 2019-10-31 15:03:39 Reply Private Reply