PG&E when it filed for bankruptcy should have just folded and told Caliponia to go Ef it’s self!
California deserves a People’s power company.
Then they can light up in a circular firing squad when the power goes off....
Will the last utility worker turn off the lights before they leave the “green” state?
“PG&E when it filed for bankruptcy should have just folded and told Caliponia to go Ef it’s self!”
Back in 2001 it filed and it was a “S-Show” then. I had moved out of the state the year prior due to this factor and insane utility costs, taxes and zero accountability at the government and the utilities supported by them. The tax payers took it in the shorts back then but now the numbers are far worse and no one is asking the question to why is the infrastructure in the shape it is in. I also had the opinion to let PG&E die but now the imbedded and controlling utility falls under the to big to fail premise. Now the state is held hostage to PG&E and the government that is also in my opinion completely to blame for this. I would even go as far as dropping the deaths of the fire victims at their feet. I know it won’t solve anything but its pure and simple mismanagement on many levels.
Insanity...
PGE should have not only closed up shop, but first addressed debts by dismantling infrastructure and selling it as recyclable scrap.