Tag: Camp Fire
Gov. Newsom Doubles Down on State Takeover of PG&E, Says Utility ‘No Longer Exists’
“Exactly one year after PG&E Corp. filed for bankruptcy, Gov. Gavin Newsom said PG&E ‘no longer exists’ and doubled down on a state takeover if the utility doesn’t shape up by June 30,” the San Francisco Chronicle reported. The California...
PG&E Would Become a Public Utility Under Newly Introduced Bill
California would take control of the bankrupt electrical provider PG&E under a new bill introduced in the Senate on Monday. Under the bill, introduced by Senator Scott Wiener (D-San Francisco), current shareholders of PG&E would be forced by California to...
Governor Newsom Reaffirms the State May Take Control of PG&E this Summer
‘It has to to be completely re-imagined, completely transformed company. If PG&E can’t do it, we’ll do it for them.’ During a Public Policy Institute of California event on Wednesday, Governor Gavin Newsom confirmed that that California would takeover...
Senate Passes Bill that Makes PG&E Accountable for Blackout Damages
After failing twice last year and barely squeaking by a Senate Committee vote several weeks ago, Senate Bill 378 has finally passed a Senate vote this week after several late amendments made it more palatable to Senators in Sacramento. Updated...
Bill that Cracks Down on Planned Utility Blackouts Passes Senate Committee
The third time was the charm for the twice defeated planned blackout bill SB 378 as it passed the Senate Energy, Utilities, and Communications Committee after rejections in March and September of 2019. $250,000 per hour fines Under SB 378, ...
$4.2 Billion Climate Bond Bill Receives a Renewed Push After Stalling Last Year
A renewed effort to pass a bill to put a $4.2 billion bond on the November ballot to help combat various climate and environmental dangers in California is currently underway by several Senators and Assemblymembers in Sacramento. A $4.2 billion...