Source: News Formal (newsformal.com)
I'm confused... Trump said it was California's fault for 'mismanaging' forests so it has to be true. Someone must have forgotten to like, paint all California vegetation with flame retardant 😤.
AGBecerra Please file murder charges against PG&E executives despite their BK. Thank you!!!!!
Remember the good ol days when public utilities were owned by THE PUBLIC and not investors who only care about profits?
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14 Times 'Shrek' Really Pushed The Envelope On Being PGSpoiler: Robin Hood was skeezier than you thought. “My Donkey Fell in your Waffle Hole”. 😂 14 TIMES GARBAGEFEED LIED , BLOGGERS WHO CALL THEMSELVES JOURNALISTS 😂😂😂😂😂 jacksfilms
Source: BuzzFeed - 🏆 730. / 51 Read more »
Federal Judge Proposes Restrictions On Unsafe PG&E Power LinesPG&E is under fire from many fronts as it faces the possibility of being found responsible for massive California wildfires the past two years. Corporate death penalty Um I think using unsafe power line anywhere would be illegal not a proposal Wait a second. CA fire season is now all year long.
Source: NPR - 🏆 96. / 63 Read more »
PG&E's Bankruptcy Was Predictable And Could Have Been Prevented With Distributed AssetsWildfires may be the immediate cause of PG&E’s bankruptcy but an outdated regulatory system is also a factor. As such, PG&E’s financial and legal woes could have been mitigated not just by having better oversight but also by making more investments in distributed generation and delivery. PG&E could have performed regularly scheduled maintenance instead of putting profits over 86 lives. That would have avoided bankruptcy. Next question, can they avoid prison? California gets closer to Detroitwith every bad decision. Feel like frontier is next.
Source: Forbes - 🏆 394. / 53 Read more »
Here's How PG&E's Bankruptcy Might Hurt California's Ambitious Climate GoalsPG&E filed for chapter 11 protection because of potentially billions in liability over wildfires. That has solar and wind companies concerned the utility will pay them less — or even nothing in the future. HW CAN AH UTILITY CO GO BANKRUPT.................IN 2019 IN CA DAFQ On the bright side, they may now stop setting us on fire. Shut up. PG&E should have been gone after San Bruno
Source: NPR - 🏆 96. / 63 Read more »
PG&E Plans To File For Bankruptcy Over Possible Liability In California WildfiresThe utility says it could be facing tens of billions in liability costs connected to the 2017 and 2018 Northern California wildfires. PG&E also says its CEO is stepping down. Yeah. You told us 12 hours ago. God forbid they should accept responsibility and pay for the damages and lives they cost. Time for bankruptcy law reform to prevent companies from using this move to escape justice another soon to be TaxPayer funded Bailout EpicFail for California Greed accountability
Source: NPR - 🏆 96. / 63 Read more »
Into and Out of and Back Into Bankruptcy Court: A PG&E TimelineA timeline of major events in PG&E's corporate history from 2001, when it first filed for Chapter 11 bankruptcy protection, through Tuesday, when the company began the reorganization process again. Companies that file bankruptcy should NOT be allowed to continue under the same name after the fact.
Source: NPR - 🏆 96. / 63 Read more »
California Wildfire Insurance Claims Total $11.4 Billion For November 2018This week the state's largest utility, PG&E Co., is expected to file for bankruptcy protection due to its potential liabilities. The city of Chico, where most of the Paradise refugees ended up - already had a severe housing shortage before the fire. Now they have 20 - 30k more people in a town that had 90k. This story will only become more common. And, what are the pay-outs? 😳
Source: NPR - 🏆 96. / 63 Read more »
PG&E Says Federal Judge's Safety Plan Is Not Feasible And Too ExpensiveThe utility company is trying to convince a federal judge to modify a wide-ranging proposal to mitigate wildfire risk. PG&E is also seeking bankruptcy protection. PG&E, This is the 'Responsibility' part of your association with the People of California. Yes, ITZ gonna Co$t you, Some of the Profit you Demanded From Citizens for your services. Karmaz a bitch, No? Yup figured that. Systems is way outdated and we waited way to long to change the government needs to step in a fund a more safe grid.
Source: NPR - 🏆 96. / 63 Read more »
PG&E Could Shut Off Power For Millions To Prevent WildfiresThe utility could cut power to as many as 5.4 million during extreme weather conditions. PG&E declared bankruptcy last month in the face of billions of dollars in wildfire-related liabilities. Its time to break up these monopolies. Building floating homes made of limestone just like seashells won't burn, then California could be planted with trees. See This is ridiculous. I have a better plan - properly maintain your infrastructure or find another business to be in. Why shld ppl have their power turned off b/c PG&E decides to spend money on senior management comp that should be going to line maintenance?
Source: NPR - 🏆 96. / 63 Read more »
California Power Provider PG&E Files For Bankruptcy In Wake Of Fire LawsuitsThe utility is facing billions of dollars in legal liability for fires caused by its equipment. PG&E filed for Chapter 11 bankruptcy, which would let it restructure its debts. Trump, smart? See it wasn’t climate change that started the fire This will be their next reason for raising rates. Figures.
Source: NPR - 🏆 96. / 63 Read more »
Millions Could Lose Power Under PG&E's Plan To Prevent WildfiresThe company could shut down power to as many as 5.4 million of its customers, it said. PG&E declared bankruptcy last month in the face of billions of dollars in fire-related liabilities. You mean that California has poor land management and now is paying for it.. But.. But.. But it was global warming
Source: NPR - 🏆 96. / 63 Read more »