Hot Topics :
California Gov. Threatens Possible PG&E Takeover If No Plan Is Made

California Gov. Threatens Possible PG&E Takeover If No Plan Is Made

by AP  |  Published on November 4, 2019

California’s governor on Friday threatened a possible takeover of the troubled utility blamed for sparking deadly wildfires across the state with its outdated equipment unless it can emerge from bankruptcy ahead of next year’s wildfire season with a plan focused on safety.

Gov. Gavin Newsom called all sides to a meeting early next week, saying he would personally try to mediate a solution involving Pacific Gas & Electric.

But if an agreement can’t be reached, Newsom said, “then the state will prepare itself as backup for a scenario where we do that job for them.”

PG&E has come under more scrutiny in recent weeks as it cut off power to millions of people to avoid a repeat of last year’s deadly fire season.

The shutoffs have angered residents, businesses and local governments, who say the company has done a poor job of communicating.

Subscribe to Veritas Updates

Get your daily dose of news & info from Veritas Updates

Sign up to Veritas Updates for FREE and receive our daily emails.

Veritas Updates – The Truth In News

In today’s world, you need a news source you can TRUST from the vantage point of the Deplorables. Real Americans with Real and Unfiltered thoughts and opinions. Join the over 500,000 Americans who receive our daily dose of NEWS THEY CAN TRUST delivered right to your inbox. Sign up to receive nothing but the TRUTH IN NEWS from Veritas Updates.

We know how important your privacy is and your information is SAFE with us. We’ll never sell
your email address and you can unsubscribe at any time directly from your inbox.
View our full privacy policy.