A California lawmaker has introduced a bill aimed at making PG&E Corp a publicly...
) a publicly owned utility, a year after liabilities from wildfires traced back to some of its equipment pushed the power producer into bankruptcy.
“Today I’m introducing legislation to force PG&E to become a publicly owned utility,” California State Senator Scott Wiener said on Monday, adding it was time for a new approach at the utility company. “Changing the structure of the company would not create a safer or cleaner operation. Recent takeover attempts have largely failed due to a range of factors,” the spokesman said.
Newsom last month rejected an earlier PG&E reorganization plan saying it lacked major changes in governance and tougher safety enforcement mechanisms mandated under a recent state wildfire statute.
Norge Siste Nytt, Norge Overskrifter
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