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Rios Design's avatar

Naming the problem and fixing the problem are two different things and the distance between them is exactly the financial architecture question.

Utility monopoly capture is real and your diagnosis is accurate. But regulating a monopoly better still leaves the ratepayer as consumer not owner.

The returns still flow to shareholders not to the communities whose land, water, and infrastructure made the system possible.

The Molokai clean energy model did something different. They restructured ownership first through a community cooperative, Ho’ahu Energy, before the regulation followed. Ratepayers became owners. Returns stayed on island. That’s not a tweak to the existing architecture. That’s a different architecture.

The question that determines whether working Californians gain from this fix or just pay for it more fairly is: who owns the infrastructure after it gets built? Who captures the returns when the system works?

California has cooperative law. Hawaii just proved community energy ownership is buildable at scale. The PUC can mandate cooperative structures as a condition of state recognition and funding.

Breaking up monopolies without building community ownership just creates smaller monopolies.

Glen Jackson's avatar

So as the whole country’s mourning a DINO billionaire who has his own self agenda is using this moment to attack Newsom ! We all know that Tom like every other billionaire in this country only cares about the elite. We have seen him on stage in debates. He is not worthy of that position.

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