Climate activists have set their sights on a new target in the fight to slow global warming: utilities.
Around a dozen communities across the country have launched campaigns to get rid of their investor-owned electric utilities — the for-profit companies that distribute electricity to three-quarters of U.S. households — and replace them with publicly owned ones. Calling their goal “public power,” advocates argue that existing utilities have saddled customers with high rates and frequent outages, while lobbying to delay rooftop solar and other climate policies. Advocates say local ownership of the power grid would lead to lower electric bills, a quicker transition to renewables, and greater accountability to customers.
In November, the movement for public power faced its biggest test yet in Maine. Residents voted on a referendum that would have replaced Maine’s two investor-owned utilities with a statewide public power company. Faced with an existential threat, the legacy utilities launched a $39 million advertising campaign to counter the initiative. The measure ultimately failed, with roughly 70 percent of voters opposed.
Yet despite […]
I agree with you, Stephan. The utilities should all be owned people, not greedy Republicans, which they mostly seem to be, now.