The Guardian Australia – Business ·business ·1 hour ago

US utilities secretly fund fake grassroots groups opposing public power takeovers

Major US utilities secretly fund grassroots-style groups opposing municipal power takeovers, the Guardian reported. DTE Energy has invested nearly $2 million in Michigan's Ann Arbor Responsible Energy Coalition, which operates from DTE's headquarters despite appearing independent. Public power advocates say utilities deploy front groups because municipalization threatens billions in profits, with public systems averaging 14% lower bills than private utilities.

Summary by Glance · The Guardian Australia – Business

Newer
Next