San Francisco-based Pacific Gas & Electric Co. said today it plans to file for bankruptcy. This comes as the company faces tens of billions of dollars in liabilities for its possible role in starting California wildfires. Yesterday PG&E announced that its chief executive Geisha Williams will step down. We’ll talk about what bankruptcy might mean for customers and employees as well as the thousands of people still displaced by the fires.
PG&E To Declare Bankruptcy
28:15
Pacific Gas and Electric (PG&E) trucks sit parked on a street on June 18, 2018 in San Francisco, California. (Justin Sullivan)
Guests:
Marisa Lagos, politics and government reporter, KQED
Mark Chediak, energy reporter, Bloomberg News
Loretta Lynch, former president, California Public Utilities Commission
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