Earlier quoted context omitted.
This is PG&E in California we are talking about? The one that already has rolling blackouts ? California is just a failed state - an embarrassment for an economy so large it rivals most countries.
That's what happens when there's no viable opposition party.
From https://en.wikipedia.org/wiki/Pete_Wilson Wilson was the driving force behind the 1996 legislation that deregulated the state's energy market, which was the first energy utilities deregulation in the U.S. and aggressively pushed by companies such as Enron.[28]