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Government

Jan. 30, 2020

Governor voices sharp criticism over PG&E bankruptcy

Gov. Newsom said the utility “exists only on paper” and repeated a threat to “take it over, if necessary,” during a luncheon Wednesday.

Governor voices sharp criticism over PG&E bankruptcy
California Gov. Gavin Newsom unveils his first state budget proposal in Sacramento, Calif., Jan. 10, 2019. (New York Times News Service)

SACRAMENTO — Speaking on the one year anniversary of the Pacific Gas & Electric Co. announcing its current bankruptcy, Gov. Gavin Newsom had a message: “PG&E? That company no longer exists.”

If that wasn’t enough to put the utility on notice, Newsom offered plenty more during his hour-plus appearance at an event put on by the Public Policy Institute of California. His comments included an assertion that the company “exists...

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