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PG&E Bankruptcy Talk Sets Stage for a Showdown With California
Doomberg via Yahoo noose ^ | January 5, 2019 | Mark Chediak and Margot Habiby

Posted on 01/05/2019 3:56:02 PM PST by Navy Patriot

Edited on 01/05/2019 4:15:51 PM PST by Jim Robinson. [history]

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To: Navy Patriot

The last time I was in California most of the houses had solar panels, so I’m not even sure anyone would notice if they shut down.


21 posted on 01/05/2019 4:39:30 PM PST by BobL (I eat at McDonald's and shop at Walmart - I just don't tell anyone.)
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To: BobL

Peak load is after dark usually. Good luck.


22 posted on 01/05/2019 4:54:10 PM PST by EEGator
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To: null and void

Is this how rolling blackouts get started?


23 posted on 01/05/2019 4:58:19 PM PST by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: BobL
The last time I was in California most of the houses had solar panels, so I’m not even sure anyone would notice if they shut down.

Yeah, them solar panels keep the lights on at night.

24 posted on 01/05/2019 5:02:05 PM PST by Navy Patriot (America NEEDS Mob Rule, another European and Mid East World War and a universal Draft)
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To: Socon-Econ
It isn't rising voltage that is the problem is is downed power lines arcing.

Weather related incidents are unpredictable, uncontrollable and subject to the laws of nature, not the kalifornia legislature or courts.

25 posted on 01/05/2019 5:02:26 PM PST by pfflier
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To: Navy Patriot

So start a candle store. Because of pollution you can only sell candles that use batteries though.


26 posted on 01/05/2019 5:04:17 PM PST by oldasrocks
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To: Navy Patriot

It’s all kabuki theater. Public utilities only get their money from one place and that is customers. The state partners with the utility to fleece the rate payers rate up to the point were self generation makes sense.

The utility will agree to claims and agree to some level of fines and investment in forest management or equipment. The state will allow the utility to recoup these costs plus a reasonable return on their investment.


27 posted on 01/05/2019 5:06:45 PM PST by FreedomNotSafety
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To: SaveFerris

The most popular way.


28 posted on 01/05/2019 5:07:49 PM PST by null and void (If they don't respect our borders, why would you expect them to respect our National Parks, or us?)
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To: technically right
The State of California will take over PG&E assets, shareholder and debtors will get nothing.

I wish, just this one time, that the shareholders would get hosed. But owning shares in a CA Utility has always been a gravy train. No matter how incompetent the utility, the CAPUC allows all costs to be passed to ratepayers, while share/bond holders get a virtually guaranteed return.

29 posted on 01/05/2019 5:08:28 PM PST by ETCM
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To: FreedomNotSafety
It’s all kabuki theater.

Correct, and the Media are producing.

30 posted on 01/05/2019 5:09:00 PM PST by Navy Patriot (America NEEDS Mob Rule, another European and Mid East World War and a universal Draft)
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To: Navy Patriot

How does a public utility go bankrupt? Did everyone in California stop using electricity?!


31 posted on 01/05/2019 5:09:15 PM PST by Rummyfan (In any war between the civilized man and the savage, support the civilized man. Support Israel.)
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To: semaj

If the reason for the bankruptcy is due to California regulations, then another utility will only produce the same results.


32 posted on 01/05/2019 5:09:50 PM PST by Vince Ferrer
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To: Rummyfan
How does a public utility go bankrupt?

As part of the Global Communist plan to redistribute wealth to the Elite Ruling Communists.

33 posted on 01/05/2019 5:12:48 PM PST by Navy Patriot (America NEEDS Mob Rule, another European and Mid East World War and a universal Draft)
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To: Navy Patriot

34 posted on 01/05/2019 5:38:29 PM PST by BeauBo
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To: EEGator; Navy Patriot

“Peak load is after dark usually. Good luck.”

Well then they’ll just have to use their peak power when the sun is shining, or, if that’s too much to ask, they can plug their Tesla into their houses and run their houses off the battery in that car.

Well, anyway, I like to do idiot postings once in a while. I watched non-technical types looking at solar panels during a public exhibition a while ago (probably not leftists, but it doesn’t matter).

You could see how their minds worked - all one has to do is put them up and free power is on the way. Things like off-pointing due to fixed positioning, sub-optimal positioning, due to roof availability, shadows, cloudy days (often many in a row), short days (particularly in the north during winter), dirt, snow, and God knows what else...none of that matters to them, just put up the panels and the power will flow!, along with subsidies. That’s why they’re in Northern UK, Scandinavian, Seattle, etc.

It’s hard to win the battle when the other side flat-out lies, and the people in the middle, the unwashed masses, simply don’t know who to believe.

The best option, of course, is to simply let THE MARKET decide. If solar is so great for Seattle, then people who live there should be buying it, without subsidies. If they don’t, it says a lot.


35 posted on 01/05/2019 5:39:16 PM PST by BobL (I eat at McDonald's and shop at Walmart - I just don't tell anyone.)
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To: Rummyfan
How does a public utility go bankrupt? Did everyone in California stop using electricity?!

Good point. They have a monopoly...Corrupt to the bone!

36 posted on 01/05/2019 5:50:48 PM PST by dragnet2 (Diversion and evasion are tools of deceit)
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To: Navy Patriot

I’m still waiting for the murder charges against PG&E (the Utility), PUC and the State of California government (as the regulator/inspector).


37 posted on 01/05/2019 5:55:53 PM PST by RetiredTexasVet (Start using cash and checks or the elite class and bankers will make "cashless" the norm.)
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To: Captain Compassion

Cleveland Municipal Power (Muny) - Dennis Kucinich’s “Power to the People” (that was the sign at it’s Lake Erie side generating plant during the Kucinich years. )


38 posted on 01/05/2019 6:02:15 PM PST by PAR35
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To: Navy Patriot

Wouldn’t no electricity in Calif. make it sustaneable?

Problem solved!


39 posted on 01/05/2019 6:03:00 PM PST by Paladin2
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To: alternatives?
It would seem the state would be partially responsible if they didn’t properly manage its forests to minimize the fire risk. Ditto, the Feds.

The state (air quality laws) and Butte county (AQ board) is responsible. The Feds have to apply to Butte county for burn permits and the county refuses to give out enough permits, only 6,000 acres at a time in a very short burn season (the county is over a million acres).

40 posted on 01/05/2019 6:23:30 PM PST by palmer (...if we do not have strong families and strong values, then we will be weak and we will not survive)
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