San Francisco – Page 74 – California Globe

After Another Turmoltuous Year, PG&E Rates Are To Go Up in 2020

December 30, 2019 11:54 am

PG&E customers in California will see their average monthly bills go up between 1.5% and 2.7% beginning January 1st. The higher rates come after another difficult year for PG&E. Following the aftermath of the November 2018 Paradise wildfire, which killed...

PG&E Fails Attempt at Avoiding Billions of Dollars in Insurance Liabilities

November 30, 2019 2:05 amDecember 1, 2019 10:09 am

PG&E will be held accountable for the $11 billion settlement they had agreed to with insurance companies ruled a bankruptcy judge Wednesday. Inverse Condemnation U.S. Bankruptcy Court Judge Dennis Montali held up the legal principle of ‘inverse condemnation’, which holds...

Despite An Increase In Both State And Local Measures, Housing Prices And Homelessness Skyrocket

November 20, 2019 6:14 am

Reports this week across the state of California have shown significant bumps to both housing costs and homelessness, with cities such as Oakland and Los Angeles particularly being affected. According to a report from the California Association of Realtors, the...

CA Governor Grandstanding On PG&E Takeover Threat

November 15, 2019 2:19 pmNovember 18, 2019 6:20 am

AB 1054 was about saving the utility investors and stopping downgrades, but not stopping fires. The California mega-utility Pacific Gas & Electric filed for Chapter 11 Bankruptcy reorganization January 29, 2019. So it’s curious how Governor Gavin Newsom continues...

Why MainStreet’s Viral ‘$10,000 To Leave The Bay Area’ Offer Will Only Hurt The Region

November 13, 2019 7:55 pmNovember 13, 2019 8:03 pm

Silicon Valley startup ‘MainStreet’ made headlines this week with its offer of paying $10,000 for people to move out of the Bay Area. MainStreet, whose company goal is to “help create jobs in rural and suburban cities around America“, has...

PG&E To Become A Public Utility Under Proposed Legislation

November 12, 2019 3:21 pm

Under a newly planned bill being written by Senator Scott Wiener (D-San Francisco), PG&E would become a public utility through the state of California. PG&E has faced public scrutiny for years, but recently in the past year, numerous events have...

California Leads Country In New Ranking of States with Most Homeless Street People

November 12, 2019 10:37 amNovember 14, 2019 11:00 am

A new list on the growing number of homeless living on the streets and in shelters was recently published by 24/7 Wall Street: 48 Major US Cities Struggling to Shelter Growing Homeless Population. California tops the list of states with...