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One of these hit Earth in the late 1800’s, and it was wild. Telegraph lines were setting on fire and people would get shocked just from touching the telegraphs. And that was when we had just barely started to wrap the world in conductive wire, if this happened now we would be majorly screwed.
Would we? I remember reading Ted Koppel’s book Lights Out a few years ago, but I’d assume that utilities, grid operators, and governments have been making efforts to improve grid resilience
Being proactive for risks that are small for the near term is expensive, and not very profitable for the shareholders.