After the fires a few years back and PG&E's subsequent bankruptcy, Newsom threatened just that if they couldn't get their act together. https://calmatters.org/

After the fires a few years back and PG&E's subsequent bankruptcy, Newsom threatened just that if they couldn't get their act together. https://calmatters.org/economy/2020/02/what-happens-if-california-takes-over-pge/ https://calmatters.org/economy/2020/02/what-happens-if-calif...