Feds seize PG&E equipment as part of investigation into Mosquito Fire
Federal officials have taken possession of a Pacific Gas and Electric Co. utility transmission pole and attached equipment as part of an investigation into what caused the Mosquito Fire.
So they bankrupted the company. Within a year or two the state will take it over and become the new owners of California PG&E. Do you really think that the state will do it any better? More than likely the state will dramatically increase costs to the consumers and at some point down the line finally understand that when you have a few years growth of highly flammable brush and grass and one day you get a very high and very dry wind that the "equipment" can be installed and maintained perfectly but the climate conditions can still cause a fire. What then?
That's not the way it's been working. PG&E has lost many wrongful death and property damage suites. The P.U.C., made up of board member of utility companies, is allowing PG&E to raise it's rates to compensate from the losses resulting in the law suites. The consumer is footing the bill for the Law Suites. And every three months or so they raise their rates even farther.
Wrong. None of the CA PUC commissioners have any connection to or experience with any energy company. They may have staffers that do, but they don't. 4 of the 5 commissioners were appointed by Newsom, 1 by Moonbeam. 4 of the 5 have little or no work experience outside of state government. 4 of the 5 are attorneys.
They don't represent the people's interests, they represent the State's interests. And as long as the State wants PG&E to exist, the State will protect PG&E. If PG&E ever quit supporting the climate change/renewable energy agenda they'd be finished.
There was a commissioner before and during PG&E's 2019 bankruptcy who attempted to represent the people's interest. She was immediately purged.
That's usually what happens in a bananna republic....nationalize business assets.
ReplyDeleteSo they bankrupted the company. Within a year or two the state will take it over and become the new owners of California PG&E. Do you really think that the state will do it any better? More than likely the state will dramatically increase costs to the consumers and at some point down the line finally understand that when you have a few years growth of highly flammable brush and grass and one day you get a very high and very dry wind that the "equipment" can be installed and maintained perfectly but the climate conditions can still cause a fire. What then?
ReplyDeleteThat's not the way it's been working. PG&E has lost many wrongful death and property damage suites. The P.U.C., made up of board member of utility companies, is allowing PG&E to raise it's rates to compensate from the losses resulting in the law suites. The consumer is footing the bill for the Law Suites. And every three months or so they raise their rates even farther.
DeleteWrong. None of the CA PUC commissioners have any connection to or experience with any energy company. They may have staffers that do, but they don't.
Delete4 of the 5 commissioners were appointed by Newsom, 1 by Moonbeam.
4 of the 5 have little or no work experience outside of state government.
4 of the 5 are attorneys.
They don't represent the people's interests, they represent the State's interests. And as long as the State wants PG&E to exist, the State will protect PG&E. If PG&E ever quit supporting the climate change/renewable energy agenda they'd be finished.
There was a commissioner before and during PG&E's 2019 bankruptcy who attempted to represent the people's interest. She was immediately purged.