>> Sounds a lot more like PG&E reducing their liability and foisting it
>> onto their ratepayers.
> 
> Can you blame them?

Of course we can.  That’s nearly tautological.  They’re PG&E.

> A court found that they were responsible for fires last year that destroyed a 
> lot of property. They won't stay in business long if they burn down many more 
> houses.

Arguably, they’re not in business right now.  Just trying to sneak money around 
the bankruptcy court.

> There's only two solutions: 1) legislative indemnification, or 2) state 
> buy-out, making it a public utility.

Or municipal buy-outs, as San Francisco has been trying to do for fifty years.

And, heck, PG&E could have just taken care of safety precautions and 
infrastructure investment, like other utilities do, instead of cashing out 
billions.

https://www.kqed.org/news/11737336/judge-pge-paid-out-stock-dividends-instead-of-trimming-trees

                                -Bill

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