Climate Changed
PG&E's Reply to California Governor's Fire Plan: It's Not Enough
- Governor calls on lawmakers to weigh ‘inverse condemnation’
- Company seeking permanent reform to liability standards
Firefighters from the Big Bear Hotshots create a firebreak as the Ferguson fire approaches in the Stanislaus National Forest, near Yosemite National Park, California, on July 21, 2018.
Photographer: Noah Berger/AFP via Getty ImagesThis article is for subscribers only.
California Governor Jerry Brown issued a plan this week to help the state’s embattled utilities facing liabilities from wildfires. For PG&E Corp., it’s not good enough.
“It’s insufficient,” PG&E Chief Executive Officer Geisha Williams said Thursday on the company’s second-quarter earnings call. “It’s just one of many things that need to be considered in a more comprehensive set of reforms.”