California's Pacific Gas and Electric Co. has agreed to pay $65 million to settle claims it falsified records and misrepresented how quickly it responded to excavators’ requests to locate and mark gas pipelines. The penalty will come at the expense of PG&E shareholders, but not its customers, according
California's Pacific Gas and Electric Co. has agreed to pay $65 million to settle claims it falsified records and misrepresented how quickly it responded to excavators’ requests to locate and mark gas pipelines.
The commission uncovered 67 cases where crews struck underground lines while excavating, and concluded “the threat of physical and economic harm associated with each of the violations makes them severe,” the San Francisco Chronicle reported, referencing the settlement document. “The events that took place were unacceptable,” company officials told employees in a note obtained by ABC10. “We take responsibility for not living up to our commitment to accurate reporting and record-keeping in this case.” PG&E also admitted to failing to address the problem between 2012 and 2017, despite concerns raised by many of its supervisors, according to ABC 10.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Electric company PG&E to pay $65M over claims it falsified recordsCalifornia's Pacific Gas and Electric Co. has agreed to pay $65 million to settle claims it falsified records and misrepresented how quickly it responded to excavators’ requests to locate and mark gas pipelines.
Leer más »
PG&E says it has debt financing commitments of $34.35 billion for reorganizationCalifornia power provider PG&E Corp said in court papers on Friday it has receiv...
Leer más »
PG&E says it has $34.45 billion in debt financing for reorganizationPG&E Corp said in court papers on Friday it has debt financing commitments of $3...
Leer más »
It's fall, which means it's prime plant sale time in Southern CaliforniaFall is the best time to plant in SoCal, so check out these upcoming plant sales.
Leer más »
Has the Big Corporate Unwind Gone Too Far?Emerson Electric is the latest industrial company to re-examine its structure, but separations don’t always work out for shareholders.
Leer más »
Napa Valley winemaker sentenced to 5 months in college admissions scandalAgustin Huneeus Jr., a California winemaker, was sentenced to prison for paying to rig his daughter’s school entrance exams and trying to sneak her into USC as a bogus athlete.
Leer más »