PG&E is just the 1st of many climate change bankruptcies
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PG&E's Bankruptcy Was Predictable And Could Have Been Prevented With Distributed AssetsWildfires may be the immediate cause of PG&E’s bankruptcy but an outdated regulatory system is also a factor. As such, PG&E’s financial and legal woes could have been mitigated not just by having better oversight but also by making more investments in distributed generation and delivery.
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PG&E Says Federal Judge's Safety Plan Is Not Feasible And Too ExpensiveThe utility company is trying to convince a federal judge to modify a wide-ranging proposal to mitigate wildfire risk. PG&E is also seeking bankruptcy protection.
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PG&E, Wildfires and the First Climate-Change BankruptcyThe fast fall of PG&E after California’s wildfires is a jolt for companies considering the uncertain risks of a warming planet
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PG&E: The First S&P 500 Climate Change CasualtyThis week saw what is arguably the first bankruptcy of a Fortune 500 firm due to the effects of Global Warming: Pacific Gas & Electric.
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PG&E: The First S&P 500 Climate Change CasualtyThis week saw what is arguably the first bankruptcy of a Fortune 500 firm due to the effects of Global Warming: Pacific Gas & Electric.
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PG&E's Bankruptcy Was Predictable And Could Have Been Prevented With Distributed AssetsWildfires may be the immediate cause of PG&E’s bankruptcy but an outdated regulatory system is also a factor. As such, PG&E’s financial and legal woes could have been mitigated not just by having better oversight but also by making more investments in distributed generation and delivery.
Lire la suite »
Fire report could complicate PG&E bankruptcy decisionSACRAMENTO, Calif. (AP) — A state fire investigation's conclusion that Pacific Gas & Electric Corp. equipment was not to blame for a 2017 wildfire that killed 22 people in Northern California wine country could hamper lawsuits by victims of the blaze and complicate the utility's plans to file for bankruptcy. In a long-awaited report, state investigators said Thursday the blaze that destroyed more than 5,600 structures in Sonoma and Napa counties started next to a residence and was caused by a private electrical system. The state firefighting agency did not find any violations of state law in its investigation of the Tubbs Fire.
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