‘Clean energy leader’ PG&E Filing Bankruptcy – rejects investor bailout – massive rate hike looms

If only they'd spent more money on keeping their infrastructure maintained instead of chasing green dreams. From Zero Hedge late yesterday: Confirming earlier reports that distressed California utility PG&E had rejected a proposal by some of the world's most prominent investors that would keep it out of bankruptcy, moments ago Bloomberg reported that the board…

from Climate Change Skeptic Blogs via hj on Inoreader http://bit.ly/2MG5iyu