2019 Town Hall: on Budget & Economy

Elizabeth Warren: Utility profit is OK if they don't externalize costs

WARREN: Gosh, you know, I'm not sure that that's what gets you to the solution. I'm perfectly willing to take on giant corporations. I think I've been known to do that once or twice. But for me, I think the way we get there is we just say, "Sorry, guys, but by 2035, you're done. You're not going to be using anymore carbon-based fuels," that that gets us to the right place. And if somebody wants to make a profit from building better solar panels and generating better battery storage, I'm not opposed to that. What I'm opposed to is when they do it in a way that hurts everybody else. You shouldn't be able to externalize these costs. That's the problem with fossil fuels right now. I think that the best way we go forward here is we invest in the pieces that let us build a future together going forward.