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He tells the story of Hurricane Maria and LUMA a little wrong. LUMA wasn't around in 2017, Puerto Rico had a public energy company at that time. But it had been struggling with debt and was being scrapped for parts by our neoliberal administration, much like the NHS, and because it couldn't turn a profit (yeah a public utility company certainly should turn a profit to prove it's a worthwhile endeavor ) the long time it took to restore power was the catalyst that the next neoliberal administration used to justify privatizing our energy grid. I guess the moral of the story is that a public energy company is not inherently a solution unless it comes with actual direct democratic power for people to make sure it operates in their favor.
He tells the story of Hurricane Maria and LUMA a little wrong. LUMA wasn't around in 2017, Puerto Rico had a public energy company at that time. But it had been struggling with debt and was being scrapped for parts by our neoliberal administration, much like the NHS, and because it couldn't turn a profit (yeah a public utility company certainly should turn a profit to prove it's a worthwhile endeavor
) the long time it took to restore power was the catalyst that the next neoliberal administration used to justify privatizing our energy grid. I guess the moral of the story is that a public energy company is not inherently a solution unless it comes with actual direct democratic power for people to make sure it operates in their favor.