PG&E Shares Plummet on Bankruptcy Concerns

The video discusses the financial challenges faced by PG&E, including liabilities and the role of the PUC in setting caps on penalties. It explores the impact on ratepayers, the credit market, and bondholder strategies. The discussion includes historical context of public utilities, challenges in ownership, and the concept of inverse condemnation. The video also addresses the effects of climate change on utilities and the need for state support.

What is the current state of play regarding the regulators and PG&E's liabilities?

How much is the estimated cap on PG&E's liabilities according to the discussion?

What potential impact could a tax have on California ratepayers in relation to PG&E's liabilities?

What differences exist between the current situation with PG&E and the events of 2001?

What are the implications of the inverse condemnation issue mentioned in the text?

What are the potential consequences of separating gas assets from electric assets in the context of PG&E?

How might climate change affect the frequency and severity of utility-related issues in California?