Does that mean they will stop the Blackouts after the winds reach 40 miles an hour? Does that mean they will go out of business? Or does that mean they will become a nice reasonable caring utility company committed to the community of central California? I got my doubts about the last but we shall see in a year for sure.
PG&E pleads guilty to 84 counts of involuntary manslaughter over Camp fire
In a federal filing Monday permanently documenting its role in causing California’s deadliest wildfire, Pacific Gas & Electric announced it has pleaded guilty to 84 counts of involuntary manslaughter for the 2018 Camp fire in the Northern California town of Paradise.
PG&E, in a filing with the Securities and Exchange Commission, said it reached the settlement with the Butte County district attorney’s office on March 17. Under the deal, PG&E said prosecutors won’t pursue further criminal charges, an outcome that disappointed some utility watchdogs.
This is the second time PG&E’s guilt has been established in a wildfire legal proceeding. In 1997, a Nevada County jury found the utility guilty of causing a fire three years earlier that burned a dozen homes.
But while this chapter of PG&E’s role in the Camp fire is over, the plea‘s implications for other utilities is less clear, said Shon Hiatt, an associate professor of management and organization at USC’s Marshall School of Business.
Go there and read. Please Think. More next week.