Bernie Sanders Calls To Seize the Means of Electricity Production – In These Times
The for-profit companies that reign over our energy system now have shown no meaningful sign of being willing to transform our energy system; they are much more interested in shareholder gains and business as usual. Together, for-profit utilities and fossil fuel companies have created powerful political-economic machines across the country to solidify the status quo of extraction and extortion. In contrast, democratic public ownership of our energy system could prioritize community benefit over profit, paving the way for a just and equitable energy system.
“We will end greed in our energy system,” says Sanders’ climate plan. “The renewable energy generated by the Green New Deal will be publicly owned.”
His plan comes as public power ownership campaigns mobilize across the country. California’s movement took off after the state’s largest for-profit utility, PG&E, requested a bailout after the fire forced the utility to declare bankruptcy under the weight of liability claims. Communities across the state are now demanding public ownership, and the company’s hometown of San Francisco has begun looking into municipalization.