EPISODE · Jul 5, 2023 · 7 MIN
The controversial plan to free Puerto Rico’s utility from bankruptcy
from POLITICO Energy · host POLITICO
The proposed plan to pull Puerto Rico’s government-owned utility out of bankruptcy and cut its debt is receiving forceful pushback from many residents and environmental groups, which argue it could increase already high electric bills and contribute to the island’s expensive cost of living. POLITICO’s Gloria Gonzalez breaks down the efforts behind Puerto Rico’s utility bankruptcy plan and why it has led to protests. Gloria Gonzalez is the Deputy Energy Editor at POLITICO Pro. Josh Siegel is a congressional energy reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Annie Rees is a senior audio producer-host at POLITICO. For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy Learn more about your ad choices. Visit megaphone.fm/adchoices
What this episode covers
The proposed plan to pull Puerto Rico’s government-owned utility out of bankruptcy and cut its debt is receiving forceful pushback from many residents and environmental groups, which argue it could increase already high electric bills and contribute to the island’s expensive cost of living. POLITICO’s Gloria Gonzalez breaks down the efforts behind Puerto Rico’s utility bankruptcy plan and why it has led to protests. Gloria Gonzalez is the Deputy Energy Editor at POLITICO Pro. Josh Siegel is a congressional energy reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Annie Rees is a senior audio producer-host at POLITICO. For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy Learn more about your ad choices. Visit megaphone.fm/adchoices
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The controversial plan to free Puerto Rico’s utility from bankruptcy
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