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Majestic_Hamster_812 t1_j4sixpw wrote

Buy out eversource, make energy a public commodity in CT, diversify like Ned wants, and sell energy at no profit. Hiding the record profits under tax dollars changes nothing.

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AbuJimTommy t1_j4vn2lx wrote

MDC is currently a non-profit municipal Corp. it is wicked expensive and is a pain to work with on development in Hartford.

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[deleted] t1_j4v6sck wrote

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Majestic_Hamster_812 t1_j4v7k6n wrote

Agreed. I moved from CA a few years back and they have even more issues with their giant energy company than we do. LOTS of talk of making the company a public asset, but many raise the exact concerns you just laid out.

I still think it’s a better idea than what we have now, and I don’t agree that they would be able to hide a CEO making 20 million. Waste and nepotism absolutely.

Even with some waste, I think we can do better. Eversource (and most big companies right now) are running away with the economy. Record profits all across the board while the rest of us suffer, and then they cry “inflation!” When asked about their profit margins.

I’m no expert on this, but this is clearly an example of failed capitalism with what we have right now. I agree that there’s risks going too far the other direction (socialism I suppose).

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[deleted] t1_j4vd7h6 wrote

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