Sen. Dodd Issues Statement on PG&E Bankruptcy Filing
SACRAMENTO – Sen. Bill Dodd, D-Napa, issued the following statement today in response to the bankruptcy filing by Pacific Gas and Electric Co.:
“Given its track record of obfuscation and mismanagement, I’m not surprised PG&E claims it can no longer meet its financial obligations,” Sen. Dodd said. “It’s extremely disappointing and underscores the need for change at PG&E in both its leadership and corporate culture. In the weeks ahead, I will be working with the governor and legislative leaders to ensure the safety, reliability and affordability of electric power in California.”
“Wildfire victims shouldn’t have to deal with the uncertainty this causes, which in many respects re-victimizes them,” Sen. Dodd said. “Where PG&E has broken the law, it’s unconscionable for it to be protected from paying any of those damaged.”
Senator Bill Dodd represents California’s 3rd Senate District, which includes all or portions of Napa, Solano, Sonoma, Yolo, Sacramento, and Contra Costa counties. You can learn more about Senator Dodd at www.sen.ca.gov/dodd.