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Cả triệu người ở California bị cắt điện
23 Nov, 2019
bị đòi bồi thường 30 tỷ usd cháy rừng, công ty cung cấp điện và khí đốt PG&E của Mỹ đệ đơn phá sản
vì luật sư tham lam chăng? (tập đoàn có nhiều tiền mà)
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“When you turn the lights out on 3 million people because you have to keep the power lines safe then there’s no reason you should be allowed to continue,” Mr. Court said.
Michael Lewis, PG&E’s senior vice president of electric operations, said the issue was safety.
“We would only take this decision for one reason — to help reduce catastrophic wildfire risk to our customers and communities,” Mr. Lewis said in a statement.
PG&E filed for bankruptcy in January after amassing (chất đống, tích luỹ, cóp nhặt (tiền của)) tens of billions of dollars in liability (trách nhiệm, nợ) related to two dozen wildfires in recent years. As speculation grew that its equipment might be the cause of the Kincade Fire, its stock price plummeted about 30 percent on Friday to $5.08, a small fraction of its 52-week high of $49.42.
I would think the market expectation is that if PG&E is allowed to continue, as is likely to be the case, that it slowly will claw its way back to profitability, given that this is a highly regulated sector with barriers to entry. So the company is afraid of losing its expected remaining profit from further liability, and thus it plays it safe with power, too safe because they don’t suffer so much from the power blackouts. Sadly, the retail customers do not have many other options...
Tags: economics
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