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by kllrnohj 2435 days ago
> What did the litigators think would happen?

That PG&E would stop paying out dividends instead of doing the maintenance they are supposed to be doing?

https://www.kqed.org/news/11737336/judge-pge-paid-out-stock-...

1 comments

Then how about prohibiting dividends, buybacks, and bonuses until they are ready to accept liability -- or some other way of structuring this regulation other than imposing contradictory requirements on them that force blackouts?
Utilities are heavily regulated. Each year, budget has to be approved by Sacramento.