Having paid to shareholders money it was supposed to use on wildfire remediation and prevention, PG&E now says it can’t get the work done unless it raises rates.  The CPUC is going to let them.

PG&E’s unrelenting quest for profits is what got us into this mess

PG&E asked the bankruptcy judge to approve bonuses to its employees totaling $130 million.  We objected, arguing that “every dollar PG&E pays out to its executives in bonuses is a dollar the victims who were burned out by those executives don’t get.”

While sympathetic to our argument, the bankruptcy judge ruled that, under the