Don't Bail Out PG&E - Create a Public Utility Instead
California Governor Gavin Newsom
Sacramento Office: (916) 445-2841
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My name is __________. I am a constituent, and my zip code is _______. I am a member of Indivisible SF.
I’m calling to urge the [Governor, Senator or Assemblymember] to not bail out PG&E, and instead create a Public Utility that works for the people of California and not shareholders. Utilities should be run for public good, not for profit.
PG&E has failed to keep the residents of Northern California safe — from the San Bruno gas explosion to last year’s North Bay fire to the ongoing Camp Fire — all because they prioritize shareholder’s profit margins over public safety. PG&E has failed to maintain their equipment, resulting in hundreds of lives lost and homes destroyed. They should not be rewarded for making poor decisions over and over again by receiving a bailout.
Update: PG&E shares plunged more than 20% Monday as concerns mounted that the company might be forced to seek bankruptcy protection or a bailout. PG&E should not be rewarded for making poor decisions over and over again by receiving a bailout. Tell the new State legislature that we want a California-owned and operated electricity system. Publicly-owned regional Grid Operators could manage energy delivery throughout different regions of the state while also keeping the grid safe, investing in modernization, and enabling electrification of new sectors of our economy (like transportation).
California regulator lays groundwork for PG&E bailout, San Francisco Chronicle, 11/15/2018
After the Camp Fire, which destroyed an entire community, let's not bail out PG&E again, 48 hills, 11/13/2018
California legislature approves bill criticized as a PG&E bailout for wildfire costs, San Francisco Chronicle, 8/31/2018