The Latest: Regulators Approve PG&E Bankruptcy Plan Despite Safety Fears

BERKELEY, Calif. (AP) – California power regulators unanimously approved Pacific Gas & Electric’s $58 billion plan for getting out of a bankruptcy caused by a series of deadly wildfires despite ongoing worries about the utility’s ability to safely operate its crumbling electrical grid.The vote Thursday by California’s Public Utilities Commission came just a few hours after a federal judge ripped the company for continuing to engage in reckless behavior that he believes is endangering even more lives. A federal trial will determine whether PG&E’s plan also can gain the required approval of a U.S. bankruptcy judge by a June 30 deadline.


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