Posted on 11/17/2018 2:58:26 PM PST by NoLibZone
California Gov. Jerry Brown has signed a measure allowing utilities to bill their customers to pay for future legal settlements stemming from devastating 2017 wildfires.
Brown announced Friday he'd signed the bill, which is aimed at preventing bankruptcy for Pacific Gas & Electric Co. The massive utility faces billions of dollars in liability if investigators determine its equipment caused the Tubbs Fire that destroyed thousands of homes and killed 22 people in Santa Rosa last year.
The measure is the most hotly contested part of a wide-ranging plan to reduce the growing threat of wildfires.
(Excerpt) Read more at krcrtv.com ...
‘No strategy to combat California wildfires is complete without the exiling of Jerry Brown to central Africa.’
Brown is a lame duck and is just about gone.
In come his clone who ruined San Francisco when he was Mayor there. Poop/pee washed out of store fronts DAILY because Newsome did nothing to reduce homelessness.
In fact now the homeless money has been DOUBLED in SF with a tax on companies that make big money.
Throw money at the problem and politicians steal it.
This is why I changed the incoming Governor of California Gavin Newsome/Brown
The “state” of our State will continue down the leftist liberal democrat slide into hell.
his sister kathleen on utility board why he went soft on porter ranch gas leaks
When I read about the potential liability PG&E faces, I thought pretty much the same thing. Utilities going bankrupt? What happens to consumers then? Of course the consumers are going to pay. The only question is what are people whose decisions caused this great loss going to pay? Will they even lose their jobs?
California is getting raped and then being billed for the lubricant.
What lubricant?
Sure, that's what it's all about.. Lawyers taking care of lawyers... When we vote for another stinking to run our government is when we need our heads examined..
That didnt take long! Sheesh.
...
This article is a couple of months old and is about last year’s fires.
But I’m pretty sure they’ll do the same for the current fires, too.
” It makes it easier to clear dead trees and brush through controlled burns and other means.”
What?
The environmental whackos that have CA by the short hairs will NEVER allow that.
That the reason for the devastation caused by these fires, the Global Warming et al nutjobs have stopped clearing of underbrush and dead wood from the CA forests so the woods can be left in their “natural” state.
This must be stopped!
I tweeted Prez Trump about this, hopefully his guy/gal that reads his tweets and forwards the ones deemed important to him will see the importance of the need for this and will bring it to Trumps attention so it can be rectified.
So many farces, spotted owl, polar bears standing on the LAST piece of ice etc etc
Maybe I misread something, but I thought they were saying global warming was to blame for the fire.
...why I changed the incoming Governor of California [’s Name to] Gavin Newsome/Brown
Go after the tree huggers and the govenor.
16 Nov: Forbes: PG&E Shares Surge As Regulators Ponder How To Socialize The Costs Of California Fires
by Christopher Helman
On Friday afternoon, shares in the California electricity giant had jumped nearly 40% (PCG: $24.57) on the possibility of a bailout...
https://www.forbes.com/sites/christopherhelman/2018/11/16/pge-shares-surge-as-regulators-consider-how-to-spread-around-the-costs-of-california-fire-damage/#3c2d2cc156b9
Seriously new PG&E bill got a credit for 69.17 says its a climate credit from a State program to cut carbon pollution while reducing energy costs. What the hey is this about who is paying. Nothing ever free here??
That is correct, the bill covers 2017 liability only.
ha ha ha ha ha ha ha
oh, man, California is such a dumpster.
I am so very sorry for the devastation, that isn’t what I am talking about. I am talking about the political class tripling down on stupid policies.
Please, citizens, as you flee that place do NOT bring your leftist politics with you.
So when utilities are at fault the customers still have to pay.
Bull$hit
Smells like a TAX
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