H would have allowed San Francisco to start buying up power generation facilities, create a municipal electric company, and kick out PG&E, the current for-profit monopoly. But PG&E ran a $9 million campaign that managed to convince people that a municipal utility could never provide the services that PG&E does, such as continuous rate hikes, rolling blackouts, requiring a billion-dollar bailout following shady dealings with Enron, and blatantly ignoring the state's targets for moving to renewables. They also managed to scare a lot of voters by exploiting the lack of understanding about the different kinds of bonds the city issues -- I wrote about that in more detail here.
I guess my bitterness kind of spoils the ending of the story, huh?
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I guess my bitterness kind of spoils the ending of the story, huh?
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