Questions about how much of the estimated $9.6 billion authorized by the Federal Emergency Management Agency (FEMA) to rebuild the island’s grid since its collapse in 2017 has been spent on improvements have continued to loom over Puerto Rico like one of Hurricane Fiona’s black clouds. All accounts indicate that only a small fraction has been dispersed. In the meanwhile, residents suffer both power outages and the highest electric rates in the U.S. More
The post Island-Wide Blackout Confirms the Failure of LUMA, the Newly Privatized Electric Utility in Puerto Rico appeared first on CounterPunch.org.
This content originally appeared on CounterPunch.org and was authored by Greg M. Schwartz.
Greg M. Schwartz | Radio Free (2022-09-27T06:05:59+00:00) Island-Wide Blackout Confirms the Failure of LUMA, the Newly Privatized Electric Utility in Puerto Rico. Retrieved from https://www.radiofree.org/2022/09/27/island-wide-blackout-confirms-the-failure-of-luma-the-newly-privatized-electric-utility-in-puerto-rico/
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