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two_handfuls 3 days ago

Privatizing electricity in California resulted in massive underinvestment and forest fires as a result of poor maintenance.

Privatization only saves money if you ignore the price paid by surrounding communities.

I would not like to see a fully private nuclear plant.

AtlasBarfed 3 days ago | parent | next [-]

Privatization of electricity hands a company a monopoly

ViewTrick1002 2 days ago | parent | prev [-]

Depends on how you do it. The electrical supply and demand markets can be privatized and that works quite well with few ancillary services needed.

Privatizing the grid is a shit show since it is a natural monopoly.