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PG&E asks California regulators to approve a 22% rate hike (www.nbcbayarea.com)

submitted 11 months ago by farcaster@lemmy.world to c/bayarea@lemmy.world

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During the first quarter of 2023, PG&E earned $623 million, an 18.2% jump in profits from the $527 million the company tallied during the same quarter in 2022, PG&E said Thursday in a quarterly report filed with the Securities and Exchange Commission.

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[–] shalafi@lemmy.world 1 points 11 months ago (1 children)

So you think we should spend our political capital fighting CEO pay when cutting it to zero will have zero effect?

I see this notion a lot on social media, the idea that we can fight on every front. We cannot. Political capital is money, or battlefield assets, if you will. You only have $X to spread around, punch where it counts.

It doesn't matter how righteous your cause. For anything one wishes to accomplish, there's power and money that does not wish that thing accomplished.

The young say, "We can fight everything, everywhere, all at once! We have energy and morality on our side!"

The old say, "Ain't got the energy. Kick 'em in the fork."

[–] Drusas@kbin.social 2 points 11 months ago

More of this black and white thinking as though multiple things can't be tackled at the same time or consecutively. 🙄 Way too common here. You don't have to ignore or deny one problem just because there are bigger problems.