San Francisco’s version of a Green New Deal is taking over its power company

by David R Baker, Bloomberg

What happens when a famously left-leaning city dives into the buttoned-down business of electric utilities? San Francisco may soon find out.

City officials are studying the possibility of creating their own utility out of the wreckage of PG&E Corp., the energy giant that filed for bankruptcy in January. The city would buy the company’s local wires—or possibly seize them through eminent domain—to create a utility that would be, well, very San Francisco.

If all goes according to plan, PG&E’s system would serve as the backbone of a full-service municipal utility that San Francisco’s politicians could use to make an all-out push for 100 percent renewable power.

“We need to take advantage of this opportunity, because the crisis of climate change is a crisis,” San Francisco Supervisor Hillary Ronen said during a hearing. “We really need to take it to the next level, and that next level is a complete build out so that we are providing 100 percent renewable energy to all of our customers.”

Read more: https://www.bloomberg.com/news/articles/2019-03-12/san-francisco-s-version-of-a-green-new-deal-is-taking-over-its-power-company

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