Pg&e News, Photos, Videos and Tweets
The Very High Costs of Climate Risk
A firefighter checked out burned vehicles and a fallen power line after the Camp Fire in California in November.
pg&e - The New York Times11:09am PST - January 29th, 2019
California’s Largest Utility Says It Is Bankrupt. Here’s What You Need to Know.
PG&E, which is facing billions of dollars in liability claims from two years of wildfires, sees bankruptcy protection as its only viable option.
pg&e - The New York Times11:02am PST - January 29th, 2019
PG&E files for bankruptcy as California wildfire liabilities loom
PG&E Corp, owner of the largest U.S. power utility, filed for bankruptcy protection on Tuesday in anticipation of liabilities in excess of $30 billion from the deadliest and most catastrophic wildfires in California's history.
pg&e - Reuters10:31am PST - January 29th, 2019
PG&E files for bankruptcy amid wildfire lawsuits
SAN FRANCISCO (AP) — Faced with potentially ruinous lawsuits over California's recent wildfires, Pacific Gas & Electric Corp. filed for bankruptcy protection Tuesday in a move that could drive up rates for customers of the nation's biggest utility and red…
pg&e - Associated Press9:35am PST - January 29th, 2019
Bankrupted by deadly wildfires, PG&E vows to keep the lights on
Utility owner PG&E Corp filed for bankruptcy protection on Tuesday in anticipation of liabilities from California wildfires, including a catastrophic 2018 blaze that killed 86 people.
pg&e - Reuters7:45am PST - January 29th, 2019
California’s devastating wildfires just brought one of America’s biggest utilities to its knees
PG&E files for Chapter 11 — one of the country’s largest utility bankruptcies of all time
pg&e - Financial Post7:26am PST - January 29th, 2019
California Today: California Today: An Interview With Samin Nosrat: ‘I Identify as a Californian’
Tuesday: The author and star of “Salt Fat Acid Heat,” talks about how the Golden State has shaped her; PG&E files for bankruptcy; and lasting effects of the shutdown at Joshua Tree National Park.
pg&e - The New York Times6:15am PST - January 29th, 2019
PG&E files for bankruptcy after devastating California wildfires
The US's largest utility faces billions of dollars in potential damages after blazes swept through parts of California.
pg&e - Al Jazeera English6:13am PST - January 29th, 2019
California Utility PG&E Files for Bankruptcy While Facing Billions in Wildfire Damages
A series of devastating wildfires in California just brought one of the nation’s largest utilities to its knees
pg&e - Time1:07am PST - January 29th, 2019
PG&E Files for Bankruptcy Following California Wildfires
PG&E filed for bankruptcy as it struggles with potential liabilities from its role in California’s wildfires. The process is expected to be protracted, with wide-ranging implications for utility customers, fire victims, shareholders and wholesale power provid…
pg&e - The Wall Street Journal12:22am PST - January 29th, 2019
Bankrupted by deadly wildfires, PG&E vows to keep the lights on
Utility owner PG&E Corp filed for bankruptcy protection on Tuesday in anticipation of liabilities from California wildfires, including a catastrophic 2018 blaze that killed 86 people.
pg&e - Google News12:22am PST - January 29th, 2019
PG&E Files for Bankruptcy Following California Wildfires
California utility PG&E filed for bankruptcy as it struggles with billions in potential liabilities from its role in sparking wildfires, triggering one of the most complex corporate reorganization cases in years.
pg&e - The Wall Street Journal12:22am PST - January 29th, 2019
PG&E Corp files for Chapter 11 bankruptcy protection
Power provider PG&E Corp filed for voluntary Chapter 11 bankruptcy protection on Tuesday, succumbing to liabilities stemming from wildfires in Northern California in 2017 and 2018.
pg&e - Reuters12:21am PST - January 29th, 2019
Insurance claims from deadly 2018 California wildfires top $11.4B
More than $8 billion of the November 2018 losses stem from the fire that leveled the town of Paradise, killing 86 people and destroying roughly 15,000 homes. The other $3 billion in losses are from two Southern California wildfires that ignited the same week.
pg&e - USA Today8:36pm PST - January 28th, 2019
Exclusive: PG&E to tap restructuring chief in final bankruptcy preparations - sources
California utility owner PG&E Corp is preparing to name a restructuring chief as it finalizes preparations for a bankruptcy filing expected to come as soon as early Tuesday morning, people familiar with the matter said.
pg&e - Reuters5:51pm PST - January 28th, 2019
California regulators make preparations for PG&E bankruptcy
PG&E faces billions of dollars in potential damages from wildfires in the state.
pg&e - ABC News4:00pm PST - January 28th, 2019
The Next Financial Crisis Could Be Caused by Climate Change
After wildfires bankrupted a major utility, there's concerns that more severe natural disasters will lead to economic devastation.
pg&e - Vice News9:00pm PST - January 27th, 2019
PG&E is plunging after report says it still plans to seek bankruptcy protection (PCG)
PG&E, California's largest utility, said Thursday that despite being cleared of any fault in the 2017 Tubbs Fire, it still faced "significant potential liabilities." A person familiar with the matter told Reuters the utility would still seek bankruptcy protec…
pg&e - Business Insider6:01am PST - January 25th, 2019
10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, SNAP, INTC, SBUX, PCG)
Here is what you need to know. Here's where American businesses will see the 'first signs of pain' from the shutdown. Many furloughed government employees are set to miss their second paycheck Friday, and Bank of America Merrill Lynch found out which things A…
pg&e - Business Insider3:58am PST - January 25th, 2019
The Wall Street Journal: PG&E shares soar 75% after utility found not responsible for devastating 2017 wildfire
PG&E Corp. shares surged Thursday after California fire investigators said the deadliest in a series of 2017 state wildfires wasn’t caused by the utility.
pg&e - The Wall Street Journal2:44pm PST - January 24th, 2019
PG&E Cleared in a Big 2017 Fire, Lifting Financial Outlook
One of California’s most destructive wildfires devastated a neighborhood north of Santa Rosa, Calif., in October 2017. A state agency has found that a private electrical system caused the fire, clearing Pacific Gas and Electric, the giant utility, of liabilit…
pg&e - The New York Times1:34pm PST - January 24th, 2019
Private equipment, not Pacific Gas & Electric, caused 2017 California wildfire, agency says
A 2017 wildfire that killed 22 people in Northern California wine country was caused by a private electrical system, CalFire said.
pg&e - USA Today1:27pm PST - January 24th, 2019
PG&E's Woes Have Spread to New York's ConEd, 3,000 Miles Away
PG&E Corp.’s woes are spreading to the East Coast.
pg&e - Bloomberg10:15am PST - January 18th, 2019
To Prevent Wildfires, Treat Utilities Like Railroad Barons
PG&E’s electrical equipment likely caused California’s massive Camp Fire. That’s particularly maddening because science knows full well how to stop that.
pg&e - Wired3:00am PST - January 17th, 2019
Ex-California utility CEO to receive $2.5m severance amid firm's bankruptcy
PG&E cited potential liabilities from two major wildfires totaling up to $30bn in its bankruptcy announcement Monday A PG&E executive who resigned one day before the California utility company announced it plans to file for bankruptcy is set to receive $2.5m …
pg&e - The Guardian (AU)1:01pm PST - January 15th, 2019