The potential bankruptcy of California's largest utility is a rude reminder of how devastating climate change can be for businesses

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A battle between California politicians and PG&E, the state's largest utility, is being waged over who should have to pay the price of wildfire damage in recent years.

 

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Or how devastating are the Democrats

Management has not considered disaster insurance or are they paying politicians with that money and hope they don't need to use it?

The fuck does a fire caused by poor maintenance have to do with climate change?!

Or how not reinvesting in your infrastructure will cost more in the long run

Blame it on climate change, the good old standby for everyone’s problems. Never mind the utility’s extremely poor business management and the state government’s total mismanagement of almost every environmental situation.

to simple a conclusion, more than that

If California actually maintained their forests then the wildfires wouldn’t be bad.

Yea it has nothing to do with the fact that they did not maintain the power lines...

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More wildfires, drought and climate change bring devastating changes to California wildlandsSouthern California's native landscapes are famously tough. But repeated wildfire and drought amplified by climate change pose a growing threat to wildlands that provide us with drinking water, untamed refuge from the Southland’s sprawl and stop mountainsides from sliding into our living rooms. Sounds like you should stop wasting money on trains and illegals and start saving for climate disasters Global temperature continued its descent in December since its peak during the 2016 mega El Nino. The Earth has cooled by about 0.62 C for the past 2 years. I predict that this downward temperature trend will continue at least until Mar of 2020. It’s almost as if California has a desert climate and is prone to drought. 🤔
Source: latimes - 🏆 11. / 82 Read more »

PG&E’s bankruptcy could slow California’s fight against climate changeCalifornia is counting on the utility to keep investing in clean energy. But the Chapter 11 filing could imperil existing and future solar and wind contracts. Oh Noes! Better raise taxes again to fix your fake catastrophe. Part of the plan. Don’t worry, the people will pay. Hello help
Source: latimes - 🏆 11. / 82 Read more »

The Latest: PG&E, US's largest utility, files for bankruptcyThe Latest on PG&E bankruptcy filing (all times local): 1:30 a.m. The largest utility in the U.S. has filed for bankruptcy as it faces billions of dollars in potential damages from wildfires in California. Pacific Gas & Electric Corp. filed documents in a U.S. court Tuesday seeking... Again. .This is major...or 'bigly.' The Petroleum, Gas and electric company is going bankrupt? Hmmm, find a REAL stock report and try again. And if you can't find a real payer head down to the NYSE and go hmmm, No No they aren't!
Source: ABC - 🏆 471. / 51 Read more »