May 2015, Vol 242, No. 5

In The News

Newsreel: Regulators Penalize PG&E $1.6 Billion for Pipeline Blast

California Public Utilities Commission voted April 9 to penalize Pacific Gas & Electric Co. (PG&E) $1.6 billion for a 2010 gas pipeline explosion that killed eight people and destroyed more than three dozen homes in suburban San Francisco. The penalty comes as the state’s top regulator, Commission President Michael Picker, has called for a larger review that suggests the energy giant could be broken up. “I’m asking the question. We’ll have to answer it,” Picker told The Associated Press. He has said state safety citations against PG&E were rising, but that the utility was so big, with $1.6 billion in earnings in 2014, that it was able to shrug of

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