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Who is applying it illegal? I feel like your statement is misleading. Regulators have come out and said they don't want PG&E to go bankrupt. PG&E and the regul
by Blackstone4 8y ago
Who is applying it illegal?
I feel like your statement is misleading. Regulators have come out and said they don't want PG&E to go bankrupt. PG&E and the regulators are probably both supportive of extending the existing legislation to cover 2018.
However I am not aware of PG&E or regulators having acted illegally. Publicly stating an opinion before taking action is not illegal.
Plus the bailouts are generally being used to fund PG&E's rebuild on fires where they weren't at fault (from a common sense perspective) but were found liable under California law (see my earlier statement).
People are angry and want someone to blame even tho this was a natural disaster. With current laws, PG&E is being painted as the bad guy and are stuck between a rock and a hard place.