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PG&E Files for Bankruptcy, Effects Loom Large

PG&E is expected to file for bankruptcy protection as early as Tuesday, as the utility faces more than $30 billion in potential wildfire liabilities. We'll discuss what bankruptcy could mean for ratepayers, employees, investors and fire victims.
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A Pacific Gas and Electric (PG&E) truck sits parked on a street on June 18, 2018 in San Francisco, California (Photo: Justin Sullivan/Getty Images)

PG&E filed for bankruptcy protection just after midnight on Tuesday, as the utility faces tens of billions in potential wildfire liabilities. We’ll discuss what bankruptcy could mean for ratepayers, employees, investors and fire victims.

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