This is not a good time to be a PG&E stockholder — or a California Public Utilities Commission apologist for that matter. Just seven years and a month after PG&E’s questionable natural gas pipeline maintenance and operation led to an explosion that leveled a San Bruno neighborhood killing eight people and destroying 34 homes, the for-profit utility could be on the hook for another “uh-oh” of gigantic proportions. The California Department of Forestry and Fire Protection is looking into whether PG&E equipment and lines sparked a number of the 17 fires that killed 42 people, destroyed more than 8,000 homes and other buildings, and caused in excess of $3 billion in losses so far in the wine country.
CPUC fiddles with PG&E as California burns