With at least 88 people dead in the Camp fire in Northern California _ and with Pacific Gas & Electric's equipment once again the prime suspect as the cause of an enormous wildfire _ the giant investor-owned utility could face an existential crisis. Earlier this year, lawmakers passed a bill designed to help the utility with its liability risks from 17 wildfires in 2017 by spreading out the costs and allowing PG&E to pass along some of the costs to its ratepayers. Assemblyman Chris Holden, D-Pasadena, is considering introducing legislation to help PG&E with its ongoing liabilities nightmare next month, according to an email from an aide.
But the days of PG&E expecting and getting help because of its importance to California may be near an end. On Thursday, the California Public Utilities Commission _ which has long had an unusually and at times inappropriately close relationship with PG&E _ took a far harder line. The utility was ordered to implement safety regulations crafted by the commission because, as CPUC President Michael Picker said, "PG&E appears not to have a clear vision for safety programs." Given that the utility was convicted of six federal felonies for its negligence and a cover-up in the deadly San Bruno disaster of 2010, this is a harsh indictment of PG&E.
Friday, analysts said major leadership changes are "an imperative ... to begin restoring public trust." You think? Unless the utility takes that step, the Legislature, like Picker, should be distrustful.
