For California Gov. Gavin Newsom, sitting back and watching PG&E’s bankruptcy run its course is no longer an option.
For California Gov. Gavin Newsom, sitting back and watching PG&E Corp.’s bankruptcy run its course is no longer an option.
The proposals reflect a groundswell of anger against PG&E after years of deadly wildfires sparked by the company’s power lines, and most recently, deliberate mass blackouts that plunged millions of Californians into darkness four times last month. They also underscore the growing pressure that Newsom, who took office just weeks before PG&E filed for bankruptcy, is facing to step in and fix the troubled power company.
If he makes good on that threat, he’ll have options. Backers of both the co-op and municipal utility ideas say their proposals would establish a new PG&E capable of regaining the public’s trust. And more pitches may follow.
France Dernières Nouvelles, France Actualités
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