Well PG&E is the main utility for electrical power and gas in California. It is a public company that has neglected maitanence in rural areas for decades. Re-investing in infrastructure or catching up on deferred maitenance would impact the profit margins for their shareholders. The execcutives know they are responsible for fires that killed people and destroyed homes every fall the last three years. They also know all the had to do was declare bankrupcy and pay fines a fraction of actual costs. Nothing changes, business as usual. Gavin Newsom takes care of his people (by that I mean wealthy people like the Getty family)
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Well PG&E is the main utility for electrical power and gas in California. It is a public company that has neglected maitanence in rural areas for decades. Re-investing in infrastructure or catching up on deferred maitenance would impact the profit margins for their shareholders. The execcutives know they are responsible for fires that killed people and destroyed homes every fall the last three years. They also know all the had to do was declare bankrupcy and pay fines a fraction of actual costs. Nothing changes, business as usual. Gavin Newsom takes care of his people (by that I mean wealthy people like the Getty family)
Techdirt has not posted any stories submitted by lightzout.
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