It has NOTHING TO do with nature, further climate change is a social engineering catch phrase and not a reality
PG&E notoriously didn't maintain their lines. While climate change didn't help the dry situation, the company did not take care of itself.
Excerpt from the book 'Start with yourself' If we do not understand, that we are all responsible for its development and prosperity, the Lord GOD instructs us, teaches us the unwise, the elements with which we are not yet learned to fight. These are ecological catastrophes,
Not to be confused with deferred maintenance and mismangement
Who knew that the G in PG&E really stood for Godzilla..That's the biggest fire-generating company I've ever seen.. - PG&E is just the 1st of many climate change bankruptcies
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PG&E, Wildfires and the First Climate-Change BankruptcyThe fast fall of PG&E after California’s wildfires is a jolt for companies considering the uncertain risks of a warming planet 'The risks of ill-maintained fire-causing infrastructure' is really what you should write. Fires in california are really not new. 'Emergency' the TV show from 49 years ago showed them. What does not maintaining power grid infrastructure have to do with 'climate change'? The WSJ really needs to let the grown ups do the reporting. Climate change is natural process and humans can not make any climate change.
Source: WSJ - 🏆 98. / 63 Read more »
PG&E: The First S&P 500 Climate Change CasualtyThis week saw what is arguably the first bankruptcy of a Fortune 500 firm due to the effects of Global Warming: Pacific Gas & Electric. Listen to us discuss everything! How in the world can you make that stretch to global warming. Why not poor forest control, poor maintenance of equipment and just a dry season. Clickbait I’m really disappointed in for this misleading articles headline
Source: Forbes - 🏆 394. / 53 Read more »
PG&E: The First S&P 500 Climate Change CasualtyThis week saw what is arguably the first bankruptcy of a Fortune 500 firm due to the effects of Global Warming: Pacific Gas & Electric. A little disconcerting to see image of Neville Chamberlain greeting Mussolini for an article on PG&E and climatechange They own the equipment now would be a good buy at 6 bucks a share, they will survive who else is there? ...the 'Scam'?
Source: Forbes - 🏆 394. / 53 Read more »
Fire report could complicate PG&E bankruptcy decisionSACRAMENTO, Calif. (AP) — A state fire investigation's conclusion that Pacific Gas & Electric Corp. equipment was not to blame for a 2017 wildfire that killed 22 people in Northern California wine country could hamper lawsuits by victims of the blaze and complicate the utility's plans to file for bankruptcy. In a long-awaited report, state investigators said Thursday the blaze that destroyed more than 5,600 structures in Sonoma and Napa counties started next to a residence and was caused by a private electrical system. The state firefighting agency did not find any violations of state law in its investigation of the Tubbs Fire. No shit, huh? A shitbag company denies culpability in the deaths of 22 people and then wants to delcare bankruptcy to protect its rich board members. This is unheard of. Good wishes. They can do better California’s lax clearing of brush and debris?
Source: AP - 🏆 728. / 51 Read more »