PG&E's Looming Historic Bankruptcy


Manage episode 225250963 series 1694076
By Stephen Lacey and Greentech Media. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

We are about to witness one of the most contentious and consequential bankruptcies in the history of energy.

PG&E, California’s biggest utility, is reeling from wildfire costs — and it is now headed to the courts, where it will likely be dismantled.

Will it crush California’s goals to clean up the electric grid? Or will lawmakers step in with a political fix? The stakes couldn’t be higher. We’re going to tackle the big questions raised by PG&E’s spiral.

Then, why are hundreds of liberal green groups shutting down every technology except wind and solar as part of the Green New Deal? We’ll discuss a letter has raised a lot of criticism — and risks fighting among allies even before a real plan is considered.

Finally, we’ll have a rundown of a terrifying Wall Street Journal story about how the Russians infiltrated dozens of utilities, allowing them to hide out inside the computer systems controlling the grid.

Don't forget to rate and review us on Apple podcasts. We're giving away a free subscription to GTM Squared to the person who writes the most interesting review before the end of January.

Read along with us:

  • GTM: The Big Questions Raised by PG&E’s Coming Bankruptcy
  • Los Angeles Times: PG&E’s Bankruptcy Could Slow California’s Fight Against Climate Change
  • Jigar's op-ed in The Hill: Modern Energy Infrastructure Could Mitigate California’s Wildfire Crisis
  • Vox: Here’s One Fight the Green New Deal Should Avoid for Now
  • Wall Street Journal: America’s Electric Grid Has a Vulnerable Back Door—and Russia Walked Through It

Support for this podcast comes from Wunder Capital. Wunder Capital is the leading commercial solar financing company in the United States. Click here to find out how Wunder Capital can help you finance your next commercial solar project.

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294 episodes