by Katy Grimes As Appearing in the California Globe In 2019 California, the home of Silicon Valley, blackouts became the norm Fifty years ago in 1969, more than 30 million people in theNortheast suffered one of the largest power outages in U.S. history. Everything went dark. The blackout lasted 13 hours for many. The blackout [...]
by Katy Grimes As Appearing in the California Globe What about the bondholders’ $35 billion offer? California Gov. Gavin Newsom announced Friday he is rejecting a $13.5 billion settlement that Pacific Gas & Electric made just last week with wildfires victims from 2017 and 2018. Thousands of people lost homes and businesses in the Camp [...]
by Katy Grimes As Appearing in the California Globe Future debt expected for infrastructure, on top of settlements, so power outages and blackouts do not become the new normal PG&E Corporation announced late Friday a proposed agreement to resolve all claims and pay wildfire victims of the 2018 Camp Fire in Paradise, and the October [...]
by Katy Grimes As Appearing in the California Globe Area politicians ‘are going to give people options to get out of cars’ A group of city and county politicians is working on a November 2020 ballot measure to increase the local sales tax another half cent, “to improve transportation – with an emphasis on offering [...]
by Katy Grimes As Appearing in the California Globe Part ll of California Senate utility hearing In Part l of Utility Chiefs Grilled by California Senators Over Power Shut Downs, the CEOs and COOs of the California’s largest utilities testified Monday in a hearing held by the California Senate Energy and Utilities Committee over the [...]
by Katy Grimes As Appearing in the California Globe Described as another legislative ‘dog and pony show’ The CEO’s and COO’s of the California’s largest utilities came together Monday in a hearing by the California Senate Energy and Utilities Committee over the shutting off of power for millions of people in an attempt to prevent [...]
by Katy Grimes As Appearing in the California Globe PG&E is under the authority of the federal Bankruptcy Court The California mega-utility Pacific Gas & Electric filed for Chapter 11 Bankruptcy reorganization January 29, 2019. So it’s curious how Governor Gavin Newsom continues to publicly threaten that if PG&E doesn’t do what he wants, the [...]
