Should city government focus on fighting homelessness, reducing traffic gridlock and building more affordable housing – or should politicians spend $6 billion buying PG&E and running our local utility?
Archives for August 2019
Two judges will oversee separate court fights that will decide how much the California utility owes wildfire victims, U.S. Bankruptcy Judge Dennis Montali said in court Aug. 27.
Sonoma Clean Power’s local purchases could soon total 56 megawatts of energy. But this year Sonoma Clean Power needs about 350 megawatts on an average day, with an occasional peak of up to 570. Local production is far from filling local needs.
The 16 million people served by Pacific Gas and Electric Co. will not pay more money as a direct result of the utility’s plan to resolve its bankruptcy case, company leaders say.
The controversy over SolarCity, which has dovetailed with questions about Musk’s mountain of debt and profit shortfalls, offers a window into the mindset of America’s most outlandish CEO.
PG&E Gas Compliance Representative and five-year IBEW 1245 member Sean Lozano was recently diagnosed with a series of serious heart conditions and is preparing to undergo an LVAD open heart surgery. He is just 32 years old. Brother Lozano and his wife, Kasey, are staying in Los Angeles as Lozano undergoes heart surgery at Cedars… [Read More]
PG&E bondholders seeking to get a deal on the company’s stock are raising concerns about the CEO’s pay structure, warning Bill Johnson could earn up to $110 million if the company’s share prices return to their 2017 peak.
PG&E Corp. CEO Bill Johnson personally urged state lawmakers Wednesday to let the company take on billions of dollars in new debt to help pay victims of catastrophic wildfires caused by its power lines.