Author Topic: PG&E - Potential Bankruptcy  (Read 13904 times)

Cigarbutt

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Re: PG&E - Potential Bankruptcy
« Reply #120 on: April 13, 2019, 05:26:54 AM »
In case some are following or interested.

This bankruptcy so far is like a walk in the park.

The legislators have come up with a somewhat predictable plan and it seems that concerned parties (despite diverging interests) may be able to get their act together.

https://www.gov.ca.gov/wp-content/uploads/2019/04/Wildfires-and-Climate-Change-Californiaís-Energy-Future.pdf

Relevant background data and analysis:
https://riskcenter.wharton.upenn.edu/wp-content/uploads/2018/08/Wildfire-Cost-in-CA-Role-of-Utilities-1.pdf
https://riskcenter.wharton.upenn.edu/wp-content/uploads/2019/02/Financing-Third-Party-Wildfire-Damages-1.pdf

The future remains unknowable but this may become interesting with the smell of smoke and when the threat of utility breakdown to municipals is no longer a footnote.
« Last Edit: April 13, 2019, 05:30:19 AM by Cigarbutt »