Posts Tagged: wildfire victims
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.
A utility worker handles repairs on a power pole. (Photo: Richard Thornton, via Shutterstock)
PG&E’s reputation has been so battered over its wildfire liabilities and other problems that some think it should change its name. A group of bondholders trying to take over the utility company has proposed that they re-brand it to Golden State Power Light & Gas Co. They made the proposal during proceedings in PG&E’s bankruptcy court case earlier this year.