Trump should take a federal takeover of the utility, and cite (1) the emergency nature of the situation, and (2) the national interest due to the importance of California’s economy.
Under federal resceivorship, the federal officials could quit PG&E compliance with many state “green mandates” so that revenues could be invested where the need to be for (a) the benefit of delivering electricity the most economically, (b) maximizing revenue and expenses dedicated to improving PG&E infrastructure for (1) efficiency and (2) minimization of risk-impact in the case of wild fires.
None of that will happen under California state government control, except more infrastructure investment achieved not with cost cutting from relief of state “green mandates” but susbtantially with massively higher utility rates to PG&E customers. Without relief from the “green” mandates there is no other financial basis for greater infrastructure investment/improvements, besides higher rates.
They broke it, let them fix it. Mayne they'll learn something in the process.
Sounds like a plan.