interviewer Question: “In your interview with the Texas Legacy project, you said that you’d come to the view that public power was a “gross failure.” What did you mean by that?”
Freeman: Because we missed the environmental boat. You see, public power served a terrific purpose in the 1940s and 1950s as a yardstick for low-cost electricity. It was competition by comparison. And then the environmental movement came along, and public power fought the environment even harder than private companies, because they had a Wal-Mart-type religious belief in low-cost electricity, and they could not change.