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upstart [soylentnews.org] writes:

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PG&E files for bankruptcy. Here’s why that could mean bigger electricity bills [latimes.com]

Most utility experts say a government takeover is unlikely because it could saddle state or local agencies with huge liabilities from future fires, without addressing the causes of those fires. Newsom has played his cards close to his vest, saying Tuesday that his administration “will continue working to ensure that Californians have access to safe, reliable and affordable service, that victims and employees are treated fairly, and that California continues to make forward progress on our climate change goals.”

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