In other words, Liccardo thinks a coalition of California officials can do it better.
“This is a crisis begging for a better solution than what PG&E customers see being considered today,” Liccardo told the Journal, saying of the recent Venezuela-tier power shut-offs, “I’ve seen better organized riots.”
Faced with more than $30 billion in wildfire-related liabilities, PG&E sought chapter 11 bankruptcy protection in January. The will likely oppose the proposal as they explore how to emerge from bankruptcy, compensate fire victims, and modernize their infrastructure (for which they passed along a giant $2 billion rate hike to their customers last December).