The Human Cost of Infrastructure Failure — Katherine Blunt

Subscribe to Charles' Alpha Investor newsletter today: https://pro.banyanhill.com/m/2054150For 100 years, a metal hook held up wires and insulators along the Feather River Canyon, California. After a century's worth of wind, rain and snow wearing it down, it eventually broke in half.When the live wire fell, it ignited the dry brush below, setting off a huge wildfire. The fire spread with a speed that was absolutely impossible to contain, killing more than 100 people. And the fire razed hundreds of thousands of acres of vineyards and forest. In her latest book, California Burning: The Fall of Pacific Gas and Electric and What it Means for America’s Power Grid, author Katherine Blunt shared with me the high human cost of our energy grid. Topics Discussed:An Introduction to Katherine Blunt (00:00:00)A Single Fire that Destroyed a California Town. (00:02:38)Huge Part of the Story: Climate Change (00:10:21)The Most Chilling 911 Call (00:15:14)Was There A Smoking Gun — A Warning Sign — That the Companies Ignored? (00:19:48)PGE Bankruptcy Times Two! (00:30:03)Guest Bio:Katherine is a reporter for the Wall Street Journal. She has written about utilities and renewable energy for the Journal since 2018.Her latest book is California Burning: The Fall of Pacific Gas and Electric and What it Means for America’s Power Grid.In the book, Katherine explores the decline of California’s largest utility company that led to countless wildfires — including the one that destroyed the town of Paradise — and the human cost of infrastructure failure.Resources Mentioned: California Burning: The Fall of Pacific Gas and Electric and What it Means for America’s Power GridTranscript: https://charlesmizrahi.com/podcast/ Don't Forget To... • Subscribe to my podcast! • Download this episode to save for later • Liked this episode? Leave a kind review!

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I’m Charles Mizrahi. I currently write Alpha Investor — one of America’s fastest-growing investment publications — and have had nearly 40 years of experience as a floor trader, hedge fund manager and money manager on Wall Street. In fact, I was once named the No. 1 trader in the nation by Barron’s. But the story of my rise through the ranks is about more than just success — it’s about achieving the American Dream. You see, I didn’t grow up wealthy. But I did grow up with the belief that America was the greatest nation on earth — a land of freedom and opportunity. And right now, I’m on a mission to prove that it still is. Although we’re constantly being told by the media that America’s best days are behind her … I know the opposite to be true. That’s exactly why I started Real Talk: The Charles Mizrahi Show. With this podcast, I want to help you — and as many other Americans as possible — rekindle the American Dream and realize that we, the people, have everything we need to get ourselves back on track. Each episode features in-depth conversations with high-profile guests who share their own unique American Dream stories, and their views on the current state of our nation. I’ll also share with you my passion for teaching everyday people how to prosper through America’s greatest wealth creator: the stock market. Because I believe we all have a patriotic duty to give back to this country — which has done so much for us.