Submitted by IndicationOver t3_10en5ww in Connecticut
Majestic_Hamster_812 t1_j4v7k6n wrote
Reply to comment by [deleted] in Republicans Outline Proposals to Reduce Energy Costs by IndicationOver
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).
[deleted] t1_j4vd7h6 wrote
[deleted]
Majestic_Hamster_812 t1_j4vhyfi wrote
Fair enough. I’ll bow out because you clearly know more about state energy regulation than I do, so I’ll go do some more research on a free evening. Cheers.
[deleted] t1_j4vrani wrote
[deleted]
Majestic_Hamster_812 t1_j4vuky5 wrote
Interesting, thanks!
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