A collection of lawyers, investment bankers and other financial professionals are set to collect the last installment of $700 million in compensation for their involvement in PG&E’s 17-month-long bankruptcy proceedings.
California officials are investigating whether Pacific Gas and Electric Co. equipment caused a large Shasta County wildfire that has killed four people and destroyed more than 200 buildings.
Raising Rates for Essential Needs During COVID is Wrong
With lower-income Californians bearing the brunt of the pandemic economically, utilities are still rapidly raising rates for essential heat and light despite the COVID crisis. Constantly raising rates is wrong.