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PG&E in the crosshairs of bankruptcy, fires, regulation
A PG&E worker checks power lines during a San Jose grass fire in July. (Photo: Geartooth Productions, via Shutterstock) Things are not going well for PG&E. Amid massive blackouts that PG&E has put in place to avoid liability in the event of a wildfire, millions of Californians were left without power — for days at a time in some cases. San Jose Mayor Sam Liccardo has called for a public takeover of PG&E — a move backed by at least two dozen cities — that would reclassify the company as a nonprofit electric and gas cooperative instead of an investor-owned company.