Petrie-Norris Backs Wildfire Fund to Protect People, Keep Utilities Accountable

Petrie-Norris Backs Wildfire Fund to Protect People, Keep Utilities Accountable


I rise today for the rate payers of my
district, for the people that I represent and for the people of California, who we
all represent. As many of my colleagues have noted this bill is not perfect and
this conversation is not over but I really do believe that the cost of
inaction today is simply too high and I do believe that we must act we must act now. Not to stabilize the utility markets but
to stabilize California and to protect our ratepayers and yes to stabilize the
fundamental financial markets of our state as we move forward we must also
ensure that we do a better job of aligning the incentives for our investor
owned utilities so that they, and particularly PG&E, that they are
incentivized to act prudently, to act responsibly and to make business
decisions that protect the lives of Californians. We must also, as this body,
do a better job in our role as providing oversight for these utilities now and as
we move forward so I joined today in the chorus of support for AB1054 and I also
want to make sure that when we come back in the middle of August we continue this
conversation and we continue to protect the people of California and we can
continue to do a better job for the people of California.

Leave a Reply

Your email address will not be published. Required fields are marked *