How Climate Broke Californias Biggest Utility

Published: May 3, 2019, 4:59 a.m.

b'PG&E has had a bad few years. A series of record-breaking wildfires culminating with 2018\\u2019s devastating Camp Fire propelled the California utility giant into lawsuits, $30 billion in liabilities and, ultimately, bankruptcy. Under new state laws, regulated utilities will have a hard time avoiding blame in fires where their equipment is involved\\u2014so what\\u2019s ahead for PG&E\\u2019s peers and their shareholders when a deadly blaze could spell bankruptcy? What happens when the California dream of living near nature is in direct conflict with disruptive tragedies fueled by climate change?\\n\\nGuests:\\nDian Grueneich, Former Commissioner, California Public Utilities Commission\\nJ.D. Morris, Energy Reporter, San Francisco Chronicle\\nMark Toney, Executive Director, The Utility Reform Network\\nAlex Ghenis, Policy and Research Specialist, World Institute on Disability\\nHunter Stern, Business Representative, International Brotherhood of Electrical Workers Local 1245\\nLoretta Lynch, Former Commissioner, California Public Utilities Commission\\nLaura Wisland, Senior Manager, Western States Energy, Union of Concerned Scientists\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'