PG&E was ordered by a federal judge to respond to a Wall Street Journal story claiming the utility knew its power lines could cause wildfires.
Alsup has pushed to reform what he’s called the company’s “dismal” management of vegetation near transmission lines that led to wildfires in 2017 and 2018. He ultimately backed off an aggressive fire-prevention plan he proposed in January, conceding to the utility’s complaint that it was unrealistic.
The judge also returned to a target he previously backed away from: dividend payments. He’s making PG&E explain why $5 billion of dividend payments were distributed before its bankruptcy filing.
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