American Power Waning

Jul 18 2012 @ 8:18am

Lisa Margonelli warns that blackouts are increasing:

Since the early 1990s, according to data gathered by Massoud Amin, an electrical engineering professor at the University of Minnesota, the number of power outages affecting more than 50,000 people a year has more than doubled, and blackouts now drain between $80 billion and $188 billion from the U.S. economy every year. 

Her takeaway:

Two scary things stand out about America’s failure to shore up its grid over the last 15 years. The first is that the grid’s frailties are getting worse as our weather is getting weirder. The second is that the U.S.’s inability to sort out the right mix of public and private investment and get on with the process of building the grid we need reflects that we no longer quite believe in the common good. It’s not just a power failure, it’s also an optimism failure.