Environment
OP-ED: PG&E Should be Fined But Not Forced into Bankruptcy by
By Wil Hardee
PG&E is about to receive a hefty fine for their role in the San Bruno tragedy – and it should. The Oakland African American Chamber of Commerce believes PG&E should pay. However, we also believe the men and women who benefit from the company, as a job creator, economic engine and supporter of diversity and inclusion in the work place, shouldn’t pay the price too.
PG&E may reportedly be fined up to $2.25 billion and if it is forced to pay that much, we should assume the company won’t be able to pay for the billions of dollars it is investing to improve crucial infrastructure.
In fact, it has been reported that PG&E may have to file for bankruptcy if the fine is so high. The money that goes to make infrastructure improvements – the jobs they create and the revenue they generate – is money East Bay businesses big and small can’t afford to see go away.
Additionally, if PG&E can no longer afford to invest in our communities, we will lose a partner with a proven track record of supporting diversity. The company was ranked as the top regional utility for diversity efforts in 2012 and is among the top ten companies in the entire nation when it comes to supplier diversity, according to Diversity Inc. We need companies like that to remain on sound fiscal ground.
The CPUC should recognize that a fine of $2.25 billion would be 40 times that of any similar fine in our nation’s history – and that seems excessive. Perhaps if the agency realizes that it is not just PG&E who will pay a price, it will reconsider that figure.
PG&E should be fined and forced to pay help San Bruno rebuild and recover and to ensure that such a tragedy never happens again. Let’s make sure the fine it receives does not imperil its ability to improve our infrastructure, create jobs, spark local economic activity and foster diversity and inclusion in the work place.
Wil Hardee is president & CEO, Oakland African-American Chamber of Commerce
California Black Media
Gov. Newsom Goes to Washington to Advocate for California Priorities
Gov. Gavin Newsom traveled to Washington, D.C., for meetings with senior Biden-Harris Administration officials and members of California’s congressional delegation. During the week, he pushed for increased resources to improve public safety and quality of life in California.
By Bo Tefu, California Black Media
Gov. Gavin Newsom traveled to Washington, D.C., for meetings with senior Biden-Harris Administration officials and members of California’s congressional delegation.
During the week, he pushed for increased resources to improve public safety and quality of life in California.
“California is continuing our work to secure additional tools and resources to improve access to health care, clean air and water, and secure critical funding to support communities recovering from disasters,” said Newsom.
At the White House, Newsom met with President Joe Biden and key officials, advocating for disaster relief funding, healthcare expansion, and environmental protection. He also engaged in discussions with senior Biden-Harris officials, including Interior Secretary Deb Haaland, to address water quality improvements and the San Luis Dam project, which will support water supplies for two million Californians.
“Building on our strong partnership with the Biden-Harris Administration, California is working closely with the White House over the next two months to deliver the critical protections and resources our communities need,” Newsom said.
On Capitol Hill, Newsom met with California Senators Alex Padilla and Adam Schiff, along with other Congressional leaders, to emphasize the need to approve pending disaster funding, healthcare programs, and environmental protections. He also previewed California’s upcoming special session to proactively address potential federal challenges when President-elect Donald Trump is sworn into office.
Newsom’s discussions also focused on securing Medicaid waivers from the Center for Medicare & Medicaid Services (CMS) to enhance behavioral health services and reduce homelessness. The state seeks approval for the BH-CONNECT waiver, which would address behavioral health and homelessness, and the MCO Tax Waiver, which would provide over $20 billion for Medi-Cal to improve healthcare access.
Additionally, California is pushing for Clean Air Act waivers from the U.S. Environmental Protection Agency (EPA), which are crucial for enforcing air quality regulations. These measures are projected to prevent 11,000 premature deaths and provide $116 billion in health benefits over the next three decades, according to the Governor’s office.
Activism
LIVE! — TOWN HALL ON RACISM AND ITS IMPACT — THURS. 11.14.24 5PM PST
Join us for a LIVE Virtual Town Hall on the Impact of Racism hosted by Post News Group Journalist Carla Thomas and featuring Oakland, CA NAACP President Cynthia Adams & other Special Guests.
Thursday, November 14, 2024, 5 p.m. – 6:30 p.m. PST
Join us for a LIVE Virtual Town Hall on the Impact of Racism hosted by Post News Group Journalist Carla Thomas and featuring Oakland, CA NAACP President Cynthia Adams & other Special Guests.
Thursday, November 14, 2024
5 p.m. – 6:30 p.m. PST
Discussion Topics:
• Since the pandemic, what battles have the NAACP fought nationally, and how have they impacted us locally?
• What trends are you seeing concerning Racism? Is it more covert or overt?
• What are the top 5 issues resulting from racism in our communities?
• How do racial and other types of discrimination impact local communities?
• What are the most effective ways our community can combat racism and hate?
Your questions and comments will be shared LIVE with the moderators and viewers during the broadcast.
STREAMED LIVE!
FACEBOOK: facebook.com/PostNewsGroup
YOUTUBE: youtube.com/blackpressusatv
X: twitter.com/blackpressusa
Business
Gov. Newsom Issues Executive Order to Tackle Rising Electric Bills
Gov. Gavin Newsom has issued an executive order to help alleviate the financial burden of skyrocketing electric bills on residents. This directive instructs the state’s Public Utilities Commission (PUC) and Energy Commission to identify strategies to lower electricity costs and prevent rapid increases in the future.
By Bo Tefu, California Black Media
Gov. Gavin Newsom has issued an executive order to help alleviate the financial burden of skyrocketing electric bills on residents. This directive instructs the state’s Public Utilities Commission (PUC) and Energy Commission to identify strategies to lower electricity costs and prevent rapid increases in the future.
Among the key actions proposed, the governor emphasized a closer examination of utility expenditures related to wildfire mitigation, which accounts for about 13% of residential electric bills.
Newsom underscored the state’s commitment to balancing affordability with environmental goals.
“We’re taking action to address rising electricity costs and save consumers money on their bills,” said Newsom. “California is proving that we can address affordability concerns as we continue our world-leading efforts to combat the climate crisis.”
California now has the second-highest electric rates in the country, trailing only Hawaii, with residential bills having surged as much as 110% over the past decade. The largest utilities, including Pacific Gas & Electric, Southern California Edison, and San Diego Gas & Electric, have seen rate hikes of 20% to 50% in just the last three years, approved by the state’s regulatory bodies.
The executive order also directs the California Air Resources Board (CARB) to explore increasing the California Climate Credit, which provides some relief on energy costs for residents. Additionally, the PUC is urged to pursue federal funding opportunities to further reduce electric expenses.
While consumer advocates welcomed the governor’s focus on lowering costs, concerns were raised regarding potential cuts to essential clean energy programs. CALPIRG, a consumer group, pointed out that the real issue behind high utility bills is wasteful spending by utilities and urged greater accountability.
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