Thursday, January 31, 2019

PG&E Bankruptcy Stirs Worries

PG&E’s bankruptcy could have ripple effects far beyond the fate of the utility company. The company filed for Chapter 11 bankruptcy reorganization this week because of financial liabilities from several years of devastating wildfires linked to its equipment. Many activists are worrying about the effects the bankruptcy could have on wildfire victims, PG&E workers, and even California’s clean energy and climate change efforts.
Christopher Martinez reports.