Taxpayer-subsidized, ratepayer-funded utilities that may be on the hook for billions of dollars in liabilities point to climate change as the major factor standing behind the recent California wildfires. PG&E CEO Geisha Williams has argued that dry, arid conditions associated with global warming were to blame for wildfires that devastated parts of northern California in 2018. Edison International CEO Pedro Pizarro has said much of the same with regard to the wildfires of 2017 that ignited in the southern part of the state.
But what if the blame belongs not with climate change, but with climate change policies that the utilities and their benefactors in government favor? There’s some evidence for this that insurance companies and displaced California residents might be interested in learning more about. As taxpayers and utility ratepayers, they are all spending part of their workday financing solar energy schemes that may have led to high-pressure conditions affecting electrical equipment, which in turn sparked the fires. How’s that?
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