Measure To Be Introduced Would Protect PG&E From Fire Liability, Bankruptcy

SACRAMENTO (CBS SF/AP) — PG&E and other utilities companies could be protected from possible bankruptcy by a measure being introduced in California’s legislature.
The measure, which is being introduced by Assemblyman Chris Holden (D-Pasadena) could shield the utilities companies from billions of dollars in liability that are suspected to be linked to 2018’s destructive string of wildfires.
Holden chairs the state Assembly Utilities and Energy Committee.
“We want to se