Posts Tagged: Public Utilities Commission
The hulks of destroyed automobiles burned in the 2018 Thomas Fire in Ventura County. ((Photo: Joseph Sohm, via Shutterstock)
On the final day of the legislative session, Gov. Newsom signed a complex, $21 billion bill that will dramatically change how California pays for future wildfire damages, with the customers and shareholders of California’s largest utilities covering the tab. The unprecedented measure seeks to stabilize the utility market and limit rate hikes, while establishing a blanket of financial security and compensation to victims of the devastating 2017-2018 fires.
A natural gas plant near Ventura, Calif. (Photo: Henrik Lehnerer)
OPINION: California is moving faster than expected toward a clean energy future with ambitious greenhouse gas reduction targets and new innovations in renewable energy. However, there is still work to be done to ensure that all Californians can benefit from the cleaner air, local jobs and economic benefits clean energy can bring. State regulatory agencies play a powerful role in making our clean energy future a reality.