January 1, 2030 To my three sons: I’m so proud of you. I especially appreciate that, now that you’re 21, 18, and 16 years old, you no longer fight with each other constantly. You’re doing well in school, and have bright futures. But please never forget how lucky you’ve been...
Walters: What Now for PG&E?
Gov. Gavin Newsom says he wants Pacific Gas & Electric Co. to become a “radically restructured and transformed utility that is responsible and accountable…” But how? Newsom, in rejecting the company’s plan to emerge from bankruptcy late last week, once again denounced it for “more than two decades of mismanagement,...
Do California Power Shutoffs Work? Hard to Know, Experts Say
SAN FRANCISCO — Millions of Californians spent part of the week in the dark in an unprecedented effort by the state's large electrical utilities to prevent another devastating wildfire. It was the fifth time Pacific Gas & Electric Co. has preemptively cut the power but by far the largest to...
Walters: Rethinking California's Electric Utilities
California’s two major electric power utilities are on the hot seat as Capitol politicians ponder whether they should be protected from the financial consequences of last month’s killer wildfires. Downed power lines owned by Pacific Gas and Electric and Southern California Edison are suspected of sparking the fires that killed...