A federal judge has given final approval to the $10 million settlement among Pacific Gas & Electric Corp, its top officers, and investors for misrepresenting the impact of the wildfires the utility sparked between 2015 and 2018, the widespread shutoffs, and inadequacy of its mitigation measures, all of which drove down the company’s stock. […]
Over strong opposition from community activists and those harmed by utility-sparked wildfires, regulators unanimously approved the newest blueprint from Pacific Gas & Electric aimed at addressing wildfire risk reduction. Opponents called for the California Public Utilities Commission to reject the plan and increase its oversight and enforcement of PG&E. Yet the document met with […]
Pacific Gas & Electric has been hit with another lawsuit, this one filed by five counties harmed by the massive Dixie Fire. It appears likely PG&E equipment sparked the fire that torched 963,000 acres of land, a footprint larger than Rhode Island, killed one person, and destroyed 1,329 buildings.
The California Public Utilities Commission unanimously approves investor-owned utility pilots to reduce the number of poor customers who have their power shutoff because of unpaid utility bills. The quintet also votes to develop a safety culture framework for the private utilities to try and make them safety conscious to the core.
Businesses have installed diesel generators across California at such a clip that they now amount to 15% of the total electrical capacity, undermining California’s greenhouse gas reduction targets and harming public health, according to new research from the consulting group M.Cubed.