SAN FRANCISCO — Pacific Gas & Electric company, the nation's largest utility, would be transformed into a publicly owned company under a bill unveiled in Sacramento Monday. State Sen. Scott Wiener said the bill would involve a takeover the utility and its sprawling network of power lines that have been...
Governor Threatens Possible PG&E Takeover if No Plan is Made
SACRAMENTO — Gov. Gavin Newsom on Friday threatened a possible takeover of Pacific Gas & Electric unless it can emerge from bankruptcy ahead of next year's wildfire season with a plan focused on safety. The utlitity is blamed for sparking deadly wildfires across the state with its outdated equipment. Newsom called...