Energy Tradeoffs Podcast #35 – Michael Wara, Part II
This week’s EnergyTradeoffs.com podcast episode is Part II of Michael Wara‘s discussion with David Spence about his research on California’s wildfire policies. This two-part series focuses on “PG&E’s Wildfire Liability and Bankruptcy: Who Pays?” Today’s 19-minute podcast episode starts where the last one left off; it focuses on “Bankruptcy & the Future.”
Michael explains why PG&E’s bankruptcy is co complex, noting: “It’s a mess. It’s not just in one court. It’s in seven.” And he explains how some of the important stakeholders and issues are not well represented in the bankruptcy proceedings. For example, he notes that ratepayers are not directly represented. He also highlights the danger that the results of the bankruptcy may make it even harder to address California’s affordable housing shortage.
As noted last week, Michael is frequently quoted in the media as an expert on PG&E, wildfires, and liability.
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