Just when you thought California's energy sector was recovering and Biden-era corruptocrats were being neutralized, you find that Biden’s former Secretary of Energy, Jennifer Granholm, is joining the Board of your electricity provider.

Great! On April Fool’s Day, California gets another progressive communist democrat to muck up California’s dysfunctional energy sector.

Steeped in radical progressivism (University of California, Berkeley, Harvard Law), Granholm is no stranger to democrat deals and ethics violations.

The Revolving Door

The revolving door between government and industry poses significant risks to effective governance, the economy, public trust, waste, fraud, and abuse in government, as well as higher prices for consumers.

The revolving door, where government officials move between governance and private sector positions, exacerbates this issue. Promising lucrative post-government jobs can create conflicts of interest, influencing decisions that benefit corporations rather than citizens. This revolving door breeds corruption, undermines policy objectivity, and elevates the costs of essential services as companies pass the financial burden of regulatory leniency onto the public.

The effect of the revolving door results in higher costs, inefficiencies, and diminished public trust. Governments must implement strict ethics rules and transparency to curb these dangers and ensure that public interest remains at the forefront of policy-making.

Woke Policies at Southern California Edison…

Investment Thesis: Wires-focused electric utility with a strong ESG [Environmental, Social, and Governance] profile and regulated rate base growth aligned with California’s aggressive clean energy goals. <Source> 

There is little doubt that Edison International, the parent company of SCE (Southern California Edison), has adopted "woke" policies, prioritizing social issues over the company's core mission of providing reliable and affordable energy.

These policies, which include diversity and inclusion initiatives, environmental activism, and progressive communist democrat stances on social justice, have raised serious concerns about the balance between corporate responsibility and business performance, with “woke” initiatives continuing to drive up operational costs and divert attention from essential services.

NET ZERO ENERGY

• Green Greed: Granholm has been a strong advocate for green energy and combating climate change, which aligns with the Biden administration's broader environmental goals. She has prioritized investments in clean energy infrastructure and renewable technologies, with a focus on decarbonizing the energy sector These policies, based on a scientific hoax, are part of the progressive communist democrat agenda.

• Diversity and Equity in Energy Policies: Under Granholm's leadership, the Department of Energy (DOE) has pushed for diversity, equity, and inclusion (DEI) initiatives. For example, the DOE has supported programs to ensure historically marginalized communities benefit from clean energy investments, addressing environmental justice issues. This includes ensuring that communities of color and low-income groups have access to clean energy technologies and are not disproportionately affected by pollution or climate change.

• Environmental Justice: Granholm has emphasized environmental justice as a key policy priority. This approach involves addressing the disproportionate environmental harms faced by vulnerable communities, especially communities of color. While many see this as a positive move toward equity, it leads to overregulation and higher business costs.

• Supporting Electric Vehicles (EVs) and Charging Infrastructure: Granholm has strongly supported the transition to electric vehicles to reduce emissions and combat climate change. Under her leadership, the Biden administration's policies have promoted EV adoption, tax incentives for electric vehicle buyers, and the expansion of EV charging infrastructure. Opponents often criticize these policies as part of a "woke" agenda to reshape transportation in ways that might not be feasible for all Americans, particularly those in rural areas or with limited access to EV infrastructure.

• Green New Deal Influence: Granholm’s work is often associated with elements of the Green New Deal, which advocates for large-scale investments in renewable energy, green jobs, and sustainability. While she does not directly endorse the Green New Deal in its entirety, her support for policies that reduce carbon emissions and invest in clean energy jobs aligns with its objectives.

Bottom line…

Jennifer Granholm brings nothing to California except her Rolodex of contacts in the government.

We are so screwed.

-- Steve