The simple solution is to give the state the option to tell the utility to stay open and give it immunity from suit if there is a fire. If the state won’t do that, it can’t complain about them shutting down.
Yes. Indemnify PG&E for liability from fire-related lawsuits.
Stupid idea I’m afraid. There is nothing they would like more than immunity from liability. If they had that they would do nothing to prevent fires, improve their equipment or anything else. Giving people an undeserved pass seldom solves problems. It only assures that the problems will get worse.
Doesn’t sound good. Some hedge fund piranhas were given control of the bankruptcy. Some claim they will just rob the shareholders and anything of value and may say Hasta la vista.
https://www.foxbusiness.com/markets/pge-shareholders-could-get-wiped-out