San Francisco’s Version of a Green New Deal Is Taking Over Its Power Company.

Think flower power – but literally.

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.

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Bloomberg

By David R Baker

March 12, 2019, 2:00 AM PDT Updated on March 12, 2019, 9:27 AM PDT



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