An expert witness for APS [Arizona utility] recently confirmed in a hearing that large utilities oppose customer-sided energy policies because they cut into shareholder profits.

Comments

• Mojojojo1993@lemmy.world ⁨1⁩ ⁨year⁩ ago

  We know this bit it’s good to get it from the horses mouth

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• ramble81@lemm.ee ⁨1⁩ ⁨year⁩ ago

  “Fiduciary duty to shareholders” is one of the most destructive and evil phrases in existence.

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• Hyggyldy@sffa.community ⁨1⁩ ⁨year⁩ ago

  Like… Is there anyone at this point who’s not aware that companies would literally be happy to slit your throat and make your dog watch if they thought it’d make them a little more money? They are, by design, heartless machines intended to soak up money no matter the cost. And that’s objective fact. That’s just what they do, that’s what that machine is for. And yet people continue to act like this isn’t the case.

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