PG&E is just the 1st of many climate change bankruptcies
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PG&E Says Federal Judge's Safety Plan Is Not Feasible And Too ExpensiveThe utility company is trying to convince a federal judge to modify a wide-ranging proposal to mitigate wildfire risk. PG&E is also seeking bankruptcy protection.
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PG&E Is Just The First Of Many Climate Change BankruptciesPG&E was the victim of multiple random acts of climate violence. It could have been better prepared but could not have, alone, saved its customers, investors, creditors, etc., from these consequences of climate change. If we hold companies liable, expect many more climate change bankruptcies.
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PG&E Is Just The First Of Many Climate Change BankruptciesPG&E was the victim of multiple random acts of climate violence. It could have been better prepared but could not have, alone, saved its customers, investors, creditors, etc., from these consequences of climate change. If we hold companies liable, expect many more climate change bankruptcies.
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Fire report could complicate PG&E bankruptcy decisionSACRAMENTO, Calif. (AP) — A state fire investigation's conclusion that Pacific Gas & Electric Corp. equipment was not to blame for a 2017 wildfire that killed 22 people in Northern California wine country could hamper lawsuits by victims of the blaze and complicate the utility's plans to file for bankruptcy. In a long-awaited report, state investigators said Thursday the blaze that destroyed more than 5,600 structures in Sonoma and Napa counties started next to a residence and was caused by a private electrical system. The state firefighting agency did not find any violations of state law in its investigation of the Tubbs Fire.
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PG&E shares surge as company secures $5.5 billion in bankruptcy financingU.S. power producer PG&E Corp's shares surged as much as 16 percent on Tues...
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PG&E shares surge after company secures $5.5 billion in bankruptcy financingU.S. power producer PG&E Corp's shares surged more than 10 percent on Tuesd...
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PG&E secures $5.5 billion in credit, braces for anticipated two-year bankruptcyPG&E has lined up credit and loans from several banks as it braces for a bankruptcy process that the utility believes will last two years.
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