>I'm surprised to see so much unconsidered support for PG&E here.
California hasn't woken up yet so you've got Europe and the east coast who are mostly impartial observers looking at it and going "yup, while probably not ideal this is not an unreasonable outcome considering the situation."
yes, though I actually do think it is about as ideal as it can get. The reason Enron didn't change the discussion about privatization into how to undo it is that the US wants privatization to remain legitimate so it can force it on other nations via the IMF and extract wealth like a bad pay day loan company. Companies being afraid to deal with privatization, courts destroying companies for doing it wrong, etc are all gettig the precedent necessary give developing nations options to protect themselves from exploitation that largely originates from California.
California hasn't woken up yet so you've got Europe and the east coast who are mostly impartial observers looking at it and going "yup, while probably not ideal this is not an unreasonable outcome considering the situation."