When it comes to ownership, there are few better structures for keeping a community’s wealth local than a cooperative. So why is it that America’s rural electric cooperatives are tethered to dirty, old coal-fired power plants instead of local-wealth generating renewable power?
There are a lot of answers to this question, but it might start with this: electric cooperatives aren’t quite like other cooperatives.
The Seven Slipping Cooperative Principles
Cooperatives around the world adhere to the “Seven Cooperative Principles,” but electric cooperatives (at least in the United States) fail on several of these principles.
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