2035: Every New Car Sold In California Will Be An EV -- September 11, 2022

Of course we know that's not going to happen.

Pause, deep breath.

Or do we?

Let's say only 90%, not 100% of all new cars. 

Still a bridge too far?

Okay, 75%.

A charging station too far?

Okay, 50%.

Pick a number, any number.

Right now, it's, what? Two percent?

SRE surged $5 in one day, last week, hitting a 52-week high, which I believe was also an all-time high.

And that was on no news. Or at least any news of which I was aware.

Apparently there are more than 40 public utilities in California. Most folks, I assume, know only two. 

These two are also the two largest utilities, #1 and #2, in America.

I'll let the reader connect all the dots.

Why aren't "we" accumulating as many shares of these two publicly traded utilities as we can afford between now and oh, let's say, 2035?

By the way, if California bans gasoline cars, a number of other states will, by state law / regulation / policy / politics also be forced to ban gasoline cars.

Imagine if California decreed that every laptop computer in 2035 must use MacOS. Just saying.