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OT: California wildfires update

People in California gotta make up their minds as to what is the most important: spending on green energy initiatives or spending on fire prevention and fire fighting.
 
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People in California gotta make up their minds as to what is the most important: spending on green energy initiatives or spending on fire prevention and fire fighting.

Wasn't a major issue that they allowed PG&E to become a monopoly AND regulate themselves? Now they have terrible power infrastructure that is downed in high winds and starts these wild fires?

Going from coal to green energy has zero result on if a power line is attached to a rotting pole with brush all around it.
 
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Wasn't a major issue that they allowed PG&E to become a monopoly AND regulate themselves? Now they have terrible power infrastructure that is downed in high winds and starts these wild fires?

Going from coal to green energy has zero result on if a power line is attached to a rotting pole with brush all around it.

WTF does that have to do with Cali Wildfire....?
 
https://www.google.com/amp/s/thehill.com/homenews/state-watch/464706-pge-may-shut-off-power-in-large-portions-of-california-this-week-to?amp

PG&E is being forced to spend millions per year on green energy that yields what in comparison to fossil fuels, etc. Rather than regulate PG&E into spending millions per year on green energy, that money could be better spent elsewhere...like fire prevention. That’s California for you.

Help me out here. I'm reading this article and what I see is PG&E entered into several long term contracts where they bought renewable energy at much more expensive rates than what is currently being provided. Were they forced to buy all of these contracts by the government? Were they forced to buy several long term contracts with an uncertain future in renewables or did they decide to buy big and in bulk to save money?

It sounds like a bad business decision by a monopoly that is now asking to be bailed out by claiming bankruptcy and absolving themselves of their contracts? They want to walk away from those contracts and leave the providers holding the bag.
 
Help me out here. I'm reading this article and what I see is PG&E entered into several long term contracts where they bought renewable energy at much more expensive rates than what is currently being provided. Were they forced to buy all of these contracts by the government? Were they forced to buy several long term contracts with an uncertain future in renewables or did they decide to buy big and in bulk to save money?

It sounds like a bad business decision by a monopoly that is now asking to be bailed out by claiming bankruptcy and absolving themselves of their contracts? They want to walk away from those contracts and leave the providers holding the bag.
Too big to fail sound familiar? That’s PG&E and they know it. Plenty of blame to go around, including PG&E and the California government.
 
Help me out here. I'm reading this article and what I see is PG&E entered into several long term contracts where they bought renewable energy at much more expensive rates than what is currently being provided. Were they forced to buy all of these contracts by the government? Were they forced to buy several long term contracts with an uncertain future in renewables or did they decide to buy big and in bulk to save money?

It sounds like a bad business decision by a monopoly that is now asking to be bailed out by claiming bankruptcy and absolving themselves of their contracts? They want to walk away from those contracts and leave the providers holding the bag.
Uh---- ya think?

This is what happens when you virtue signal before you know what you're talking about. California got WAY out over their skis on this one and guess what?

We are going to be the ones that ultimately have to bail them out.


BTW--- where the hell is outtherincali?

I'm honestly worried about the dude now. @LonghornMM can you email him and check on him?
 
Uh---- ya think?

This is what happens when you virtue signal before you know what you're talking about. California got WAY out over their skis on this one and guess what?

We are going to be the ones that ultimately have to bail them out.


BTW--- where the hell is outtherincali?

I'm honestly worried about the dude now. @LonghornMM can you email him and check on him?

lol wut? you're defending the company for making bad bets because you want to blame the state for pushing renewables. but nobody made them go all in on long term contracts.

it's like if shell bought a bunch of wells when it was $100/barrel and then ask the taxpayers to bail them out because now it's not feasible to keep up with their profits. so they ignore maintaining pipelines to cut corners and try to declare bankruptcy.
 
Too big to fail sound familiar? That’s PG&E and they know it. Plenty of blame to go around, including PG&E and the California government.

okay...maybe i misunderstood but your first post seemed to clearly lay blame on california for the issue? PG&E is a bad actor here.
 
lol wut? you're defending the company for making bad bets because you want to blame the state for pushing renewables. but nobody made them go all in on long term contracts.

it's like if shell bought a bunch of wells when it was $100/barrel and then ask the taxpayers to bail them out because now it's not feasible to keep up with their profits. so they ignore maintaining pipelines to cut corners and try to declare bankruptcy.
I think you just said what I said but at a 45 degree angle instead of my 90 degree angle.
 
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I agree but I blame it less on a green energy and initiative and more at the corruption of Cali government due to lobbying for PG&E to self-regulate. They cut corners on safety to try and make up for their bad contracts.

PG&E is a monopoly that self-regulates and will be bailed out by tax payers while screwing over smaller companies. This is why you need regulations and consumer protections in capitalism. PG&E is proof that not everything is solved/remedied by a true free market system.
 
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BTW--- where the hell is outtherincali?

I'm honestly worried about the dude now. @LonghornMM can you email him and check on him?

He was away from the board for a couple of weeks during the CA wildfires this time last year, and it turned out he had been busy working with members of his church to organize donations and other help for people who had lost their homes or had been otherwise displaced by the fires.

Hopefully that’s what’s going on now too. Hope he checks in soon to confirm.
 
Damn Libs and their save every animal on earth campaign along with not getting rid of brush and dead trees are what is causing these mass wildfires. I really don't see how anyone could live in Cali. That place is an s***hole full of doodoo, needles, wildfires and potheads. You can thank the likes of Stretch Pelosi, Adam Shitt and Chode Newsom……….
 
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Damn Libs and their save every animal on earth campaign along with not getting rid of brush and dead trees are what is causing these mass wildfires. I really don't see how anyone could live in Cali. That place is an s***hole full of doodoo, needles, wildfires and potheads. You can thank the likes of Stretch Pelosi, Adam Shitt and Chode Newsom……….

Lol you sound balanced.

How does property value in California compare to Oklahoma again?
 
Lol you sound balanced.

How does property value in California compare to Oklahoma again?
Depends. Do you live in La Jolla on the cliffs like my aunt and uncle? Then your property is worth a crap ton. Do you live in a trailer park in the desert east of Joshua tree? Then your property is worth about the same as a trailer park in Oklahoma.

However, if your trailer park in Oklahoma has OIL beneath it, then your property is worth more than any piece of land in Beverly Hills, Belaire, or any other posh part of Cali.

So to answer your question, it depends.
 
Depends. Do you live in La Jolla on the cliffs like my aunt and uncle? Then your property is worth a crap ton. Do you live in a trailer park in the desert east of Joshua tree? Then your property is worth about the same as a trailer park in Oklahoma.

However, if your trailer park in Oklahoma has OIL beneath it, then your property is worth more than any piece of land in Beverly Hills, Belaire, or any other posh part of Cali.

So to answer your question, it depends.
Why do you have to bring up trailer parks? What did they ever do to you?
 
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Depends. Do you live in La Jolla on the cliffs like my aunt and uncle? Then your property is worth a crap ton. Do you live in a trailer park in the desert east of Joshua tree? Then your property is worth about the same as a trailer park in Oklahoma.

However, if your trailer park in Oklahoma has OIL beneath it, then your property is worth more than any piece of land in Beverly Hills, Belaire, or any other posh part of Cali.

So to answer your question, it depends.

Yes, being extremely selective sounds like the logical way to compare things.
 
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