New: PG&E and Southern California Edison warn CALeg leaders the wildfire liability plan they are about to vote on “leaves California at risk of constrained investment, higher utility bills, less spending, and fewer jobs”
They lost $20B in value from Thursday to this morning:
I’m hearing the investor-owned utility companies are pushing for last second changes to the California wildfire liability bill SB 492 or a special session on the issue.
Gov’s special advisor Ann Patterson and legislative affairs sec have been at the capitol this afternoon.
