AB 1054
A California wildfire fund created by state lawmakers in 2019 could serve as a model for a similar nationwide fund, speakers said during a webinar hosted by Americans for a Clean Energy Grid.
Attorneys in the PG&E (NYSE:PCG) bankruptcy case sparred over the merits of their competing reorganization proposals, taking potshots at each other’s plans.
PG&E Corp. [NYSCE:PCG] filed a reorganization plan in U.S. Bankruptcy Court that includes $16.9 billion to pay for wildfire claims.
PG&E is hoping the California legislature will approve a bill providing up to $20 billion in bonds to help the company pay its debts to wildfire victims.
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