California Power Provider PG&E Files For Bankruptcy In Wake Of Fire Lawsuits

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The utility is facing billions of dollars in legal liability for fires caused by its equipment. PG&E filed for Chapter 11 bankruptcy, which would let it restructure its debts.

 

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Shame on you PGE4Me Take responsibility for your years of greed and inaction. Have some integrity for heaven’s sake.

Nothing to see here as the great State of California, taxpayers, will eventually pay the bills.

After burning down a community in a natural gas explosion a few years back , then burning a whole city to the ground last fall they are covering there asses from prosecution. 😐

Of course. Let CA Taxpayers pay for the settlements. Sounds about right. Will never understand CA voters who vote for that crap in Sacramento.

steph93065 Hmmmm, perhaps they should consult DoD/NASA/CIA about use of DEW weapons to start fires.

Sounds like criminal corporations getting away w/stealing again.

This will be their next reason for raising rates. Figures.

See it wasn’t climate change that started the fire

Trump, smart?

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PG&E files for bankruptcy amid California wildfire lawsuitsThe utility filed documents in a U.S. court seeking Chapter 11 reorganization despite state investigators determining last week that its equipment was not to blame for a 2017 fire that killed 22 people in Northern California wine country. Wow just wow! Yup, another blow for them and their carelessness
Source: USATODAY - 🏆 100. / 63 Read more »

PG&E files for bankruptcy amid wildfire lawsuitsSAN FRANCISCO (AP) — The largest utility in the U.S., Pacific Gas & Electric Corp., filed for bankruptcy Tuesday as it faces billions of dollars in potential damages from wildfires in California. The utility filed documents in a U.S. court seeking Chapter 11 reorganization despite state investigators determining last week that its equipment was not to blame for a 2017 fire that killed 22 people in Northern California wine country. Have they tried turning it off and back on again? The larger they are the harder they fall! Classic California...
Source: AP - 🏆 728. / 51 Read more »