Bill to Help PG&E Pay Wildfire Claims Shelved in California

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PG&E’s push for legislation to help it pay off billions of dollars in wildfire claims fell apart Friday

SACRAMENTO, Calif.—PG&E Corp.’s last-minute push for legislation to help it pay off billions of dollars in wildfire claims fell apart Friday as the California lawmaker who authored the measure said he would shelve the proposal for the year.

The bill, by Republican Assemblyman Chad Mayes, would have given the bankrupt utility giant access to as much as $20 billion in tax-exempt state bonds backed by shareholder profits. Mr. Mayes said in an interview Friday that he expects to make the proposal a “two year bill,” meaning...

 

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They should have enough to pay for putting out the fire 🔥!

They should just sell the company and the current losers running it can get out our hair.

they won't have affordable energy bills until eternity

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Yet this same legislature GIVES AWAY billions to illegals.

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