By Matthias Gafni | [email protected] | Bay Area News Group PUBLISHED: January 30, 2019 at 6:00 am | UPDATED: January 30, 2019 at 11:25 am SAN FRANCISCO — A day after PG&E filed for bankruptcy protection from what could be multi-billion dollar wildfire liability costs, a federal judge Wednesday declared the beleaguered utility in violation of its probation for the 2010 San Bruno gas pipeline explosion. “Does a judge turn a blind eye and let PG&E continue what you’re doing, let you keep killing people?” U.S. District Judge William Alsup said during a Wednesday court hearing. “Can’t we have electricity that is delivered safely in this state?” The finding sets the stage for the judge to add additional and costly terms to Pacific Gas & Electric’s criminal probation for the deadly pipeline blast — requirements the utility says could cost billions of dollars and lead to customer rates raising five-fold. … [Read more...] about Federal judge: Wildfires show PG&E violated probation terms
By Kathleen Pender Published 4:13 pm PST, Tuesday, January 29, 2019 In this file photo taken on Nov. 8, a home is overshadowed by towering smoke plumes as the Camp fire races through town in Paradise in Butte County, where 86 people died and some 18,000 buildings were destroyed. less In this file photo taken on Nov. 8, a home is overshadowed by towering smoke plumes as the Camp fire races through town in Paradise in Butte County, where 86 people died and some 18,000 buildings were ... more Photo: Josh Edelson / Getty Images 2018 Photo: Josh Edelson / Getty Images 2018 Image 1 of / 3 Caption Close Image 1 of 3 In this file photo taken on Nov. 8, a home is overshadowed by towering smoke plumes as the Camp fire races through town in Paradise in Butte County, where 86 people died … [Read more...] about It sounds like madness, but PG&E shares soared the day of its bankruptcy
By Dianne de Guzman, SFGATE Updated 7:58 pm PST, Wednesday, January 16, 2019 A relentless storm sparked power outages in the Bay Area on Wednesday, Jan. 16, 2019. A relentless storm sparked power outages in the Bay Area on Wednesday, Jan. 16, 2019. Photo: PG&E Photo: PG&E Image 1 of / 14 Caption Close Image 1 of 14 A relentless storm sparked power outages in the Bay Area on Wednesday, Jan. 16, 2019. A relentless storm sparked power outages in the Bay Area on Wednesday, Jan. 16, 2019. Photo: PG&E Over 46,000 PG&E customers in the Bay Area without power due to the storm 1 / 14 Back to Gallery Portions of the Bay Area were dealing with power outages Wednesday evening … [Read more...] about Over 46,000 PG&E customers in the Bay Area without power due to the storm
SANTA ROSA, Calif. (KGO) -- Don't let the apparent boom in post firestorm construction fool you. Even with the reconstructions of destroyed homes, fire victims still place plenty of questions, especially with PG&E's looming declaration of bankruptcy."For the last year we have been living with uncertainty, so it is nothing new," said Brad Sherwood, who is rebuilding the family home in Larkfield Estates. His uncertainty began with the Tubbs Fire. It continues while waiting for Cal Fire to point a final finger for the blame, possibly against PG&E.MORE: Here's how PG&E filing for bankruptcy will affect customers, employees, shareholders "It has been well over a year. We want to see the report."Attorney Noreen Evans works for a firm representing victims in Sonoma and Butte counties. Her plaintiffs lit up the phone, today. "What I am telling them is it is not the end of the lawsuit. It may be removed into bankruptcy court."The list of people and agencies filing suit against PGE … [Read more...] about How would PG&E bankruptcy impact California fire victims?
SAN FRANCISCO (KGO) -- For months, there has been talk about PG&E filing for bankruptcy, but now it seems PG&E may be moving towards bankruptcy faster than expected.There was no official word from PG&E about bankruptcy, but the company did announce Sunday that their CEO resigned. Facing billions of dollars in potential liabilities for its role in the 2017 Tubbs Fire and 2018 Camp Fire, PG&E employees may learn as soon as Monday that the utility giant is preparing to file for bankruptcy."It's a big problem," said State Senator Bill Dodd, who was the lead author of SB901, a new bill that provides some financial relief to PG&E and requires the company to notify employees 15 days in advance of any change in control of the company, including bankruptcy."I'm worried about making sure that we keep the lights on and the gas to homes and businesses throughout the state of California during this period."Dodd says he heard directly from someone within PG&E, that they will … [Read more...] about PG&E CEO resigns, utility may give bankruptcy notice to staff