KTVU The Ten OClock News On KTVU Fox 2 July 13, 2024
Deadly wildfire wildfires. By law, pg e needs to emerge from chapter 11 by june 30th to be part of a new wildfire insurance fund. Tonight in a fivepage letter to the ceo of pg e, Governor Newsome said the plan falls short. Quote, the resolution of that bankruptcy must yield a transformed utility that is responsible and accountable. He said they must address a number of key issues, including a new board of directors, setting up clearly defined safety and metrics for which pg e will be accountable and allowing for the transfer of its operating license to a state or third party if the Company Fai...