Monthly Archives: June 2019

Dan Walters on Gavn Newsom & PG&E

Normally, Gavin Newsom would be conciliatory towards PG&E, but Dan Walters writes

“Newsom and other Capitol politicians are acutely aware that PG&E, et al, are not popular these days and that if they appear to let them and their executives off the hook for wildfire damages, there could be a political backlash.

“Under current law, dubbed “inverse condemnation,” utilities are strictly liable for losses from wildfires their equipment causes. Utilities say that’s an unfair burden because they cannot control nature and are powerless, as it were, to prevent fires when hot weather and high winds cause even well-maintained electric cables to fall.

“The Newsom plan would presume the utilities to be innocent if they have met the higher safety standards to be imposed and otherwise acted prudently, thus allowing damage claims to be shifted from stockholders to ratepayers.”

In other words, ordinary people are going to suffer!