Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Thursday, January 24, 2019

Why a PG&E Bankruptcy Could Change Climate Calculus - The Washington Post

Why a PG&E Bankruptcy Could Change Climate Calculus - The Washington Post: The plan by PG&E Corp., owner of California’s largest electric utility, to file for bankruptcy protection won’t be felt just by its ratepayers, employees and suppliers. It will have an effect on whether residents of areas devastated by wildfires will receive the compensation they’re expecting, and whether California can live up to its ambitious goals on climate change. But the decision also represents a shock to investors who just two months ago were paying above par for PG&E’s bonds. Mo

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