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Bankrupt California Utility Shedding More Than $40 Billion Worth Of Green Energy Contracts
dailycaller.com ^ | 1/30/2019 | T Pierce

Posted on 01/30/2019 9:05:06 AM PST by rktman

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To: McCarthysGhost

Well, you need to take into account industry. Many of which eat up energy.


21 posted on 01/30/2019 9:32:28 AM PST by MPJackal ("From my cold dead hands.")
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To: rktman

If a tank truck dumps a thousand gallons of gasoline on the pavement and I drive over it and toss out a cigarette and millions of dollars’ damage done, is it my fault?

If California has millions of acres of unmanaged tenderbox forests and an unintentional flame creates a hugely damaging fire, is it the fault of the producer of that flame?


22 posted on 01/30/2019 9:33:41 AM PST by cymbeline
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To: FirstFlaBn

When the host dies, the parasites die.

*****************

The host was, in effect, subsidizing the green engergy industry with a whopping $42 billion worth of contracts with about 350 different energy suppliers. The contractual morass of managing that many contracts is hard to comprehend. There is no way PG&E was properly overseeing all those agreements.

Evidently many of those companies sales depended entirely on PG&E, their only customer. Not exactly a sound foundation for a company’s existence.


23 posted on 01/30/2019 9:35:13 AM PST by Starboard
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To: Ancesthntr

We’ll know Cali is serious when they outlaw heated pools and air conditioning.


24 posted on 01/30/2019 9:36:37 AM PST by G Larry (There is no great virtue in bargaining with the Devil)
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To: rktman

bookmark


25 posted on 01/30/2019 9:37:44 AM PST by GOP Poet
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To: rktman

$42 billion worth of contracts with about 350 different energy suppliers

How many of those 350 companies are shell corporations setup by the same underlying scam artists to bilk the utility company for green energy contracts; the modern equivalent to indulgences.


26 posted on 01/30/2019 9:37:55 AM PST by Flick Lives
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To: Lurker

+1

Exactly right. Nothing but political shenanigans. One thing that works well in California is political corruption.


27 posted on 01/30/2019 9:38:04 AM PST by Starboard
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To: McCarthysGhost

You’re not from California, are you? $100/month sounds high? That would be a sizable reduction for most people. We have some of the highest electric rates in the country.


28 posted on 01/30/2019 9:39:05 AM PST by tv_techie
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To: Flick Lives

Bingo! Give the man a cigar!!


29 posted on 01/30/2019 9:40:13 AM PST by technically right
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To: rktman

-—sadly—Califnevazuela—just around the corner-——

—and I see that “affordable housing” is one of newly-wed Steve’s first projects-—wonder if he ever heard of Pruitt-Igoe?


30 posted on 01/30/2019 9:40:18 AM PST by rellimpank (--don't believe anything the media or government says about firearms or explosives--)
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To: Flick Lives

An excellent question. You can bet there were a lot of questionable arrangements among those 350 contracts.


31 posted on 01/30/2019 9:41:59 AM PST by Starboard
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To: tv_techie

No what’s high is the claimed 40 billion in power generated by green energy!


32 posted on 01/30/2019 9:46:12 AM PST by McCarthysGhost
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To: McCarthysGhost

Hahahahahahaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa. This is to the LIB lunatics who are such greenie/warmist fools.


33 posted on 01/30/2019 9:47:45 AM PST by hal ogen (First Amendment or Reeducation Camp?)
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To: G Larry

What about “barriers “ around swimming pools?


34 posted on 01/30/2019 9:49:25 AM PST by rktman ( #My2ndAmend! ----- Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?)
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To: Flick Lives

And any way to trace the political donations those 350 companies gave out over the years. Such a scam. Same thing with public teachers unions.


35 posted on 01/30/2019 9:49:49 AM PST by Phillyred
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To: rktman

I’m trying to figure out how PG&E is responsible for Wildfires??? Stupid morons...


36 posted on 01/30/2019 9:57:21 AM PST by Deplorable American1776 (Proud to be a DeplorableAmerican with a Deplorable Family...even the dog is, too. :-))
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To: McCarthysGhost
42 billion in wind and solar energy? That sounds impossible to me. 42 billion worth of electricity is generated by wind and solar? That would be enough electricity to power about 50,000,000 homes year round according to my calculations. Where is that money really going?

Here is where is goes.

Apollo, god of the sun.

Then it goes to the demonRAT politicians and their friends that run the companies that are as mythical as apollo. Remember Solyndra?

37 posted on 01/30/2019 9:59:05 AM PST by USS Alaska (Nuke all mooselimb terrorists, today.)
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To: rktman

If you know politics in CA, you’ll know that the state will NEVER let these contracts to just go away, regardless of what the (federal) Bankruptcy Judge does.

If the judge dissolves the contracts, the state will take them over and add the costs as yet another tax on their electricity bills.

That simple.


38 posted on 01/30/2019 9:59:15 AM PST by BobL (I eat at McDonald's and shop at Walmart - I just don't tell anyone.)
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To: Deplorable American1776

Cause the government says they are. I’m guessing the insurance companies had something to do with that law getting passed.


39 posted on 01/30/2019 9:59:28 AM PST by technically right
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To: USS Alaska

Lol. What a scam.


40 posted on 01/30/2019 10:00:02 AM PST by McCarthysGhost
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