Hawaiian Electric’s stock tumbled to a 13-year low Monday morning, plummeting nearly 40% after a class action lawsuit filed over the weekend alleged that Maui’s devastating wildfires were caused by the utility’s energized power lines that were knocked down by strong winds.
Utilities shouldn’t be on the stock market.
Utilities shouldn’t be for profit corporations.
Utilities shouldn’t be corporations.
Raise my taxes, idc, either I pay the government or I pay the corporation. The safety of the general public should not be at odds with profits.