Part 3/10:
The implications of California's energy policies are dire. With electricity costs reaching 35-40 cents per kilowatt — the highest in the nation — those who adhere to regulations feel the burden, while many others find themselves unable to pay their escalating bills. The state's energy crisis reflects a failure to innovate and maintain infrastructure. Instead of investing in functional energy solutions, initiatives like the high-speed rail project have been drastically mismanaged, costing billions with little to show for it. Hansen has little faith that the project will reach completion; he argues that incompetence at higher levels of governance has stifled California’s potential.