A Press Release from Fantasyland: “PG&E Chairman Tony Earley Asks Board for Independent Review of Company Actions Related to Line 147”

PG&E Chairman Tony Earley Asks Board for Independent Review of Company Actions Related to Line 147 – Earley says ensuring company’s credibility is essential”

“It is important to understand that, as the Administrative Law Judge in the proceeding acknowledged, this was not a safety issue but rather an issue of regulatory compliance.”

UH, SO WAS WHAT CAUSED SAN BRUNO MERELY AN ISSUE OF “REGULATORY COMPLIANCE” AS WELL? YOU SEE, PG&E, PART OF YOUR PROBLEM IS YOUR BEHAVIOR BEFORE SAN BRUNO BUT  THE _OTHER_ PART IS YOUR BEHAVIOR _AFTER_ SAN BRUNO . YOU PEOPLE SEEM TO THINK THAT YOU’VE FIXED EVERYTHING. YOU HAVEN’T.

In this proceeding, the CPUC Safety and Enforcement Division said that all public safety issues were addressed by PG&E’s operational actions. In addition, I strongly believe that the employees working to correct the records associated with Line 147 were trying to do the right thing. “However, it is essential to PG&E’s future that our conduct be above reproach at all times and that we maintain credibility with the Commission, our customers and the public.

THIS ASSUMES THAT YOU HAVE CREDIBILITY WITH YOUR CUSTOMERS AND THE PUBLIC. YOU SEE, YOU CAN’T MAINTAIN SOMETHING UNTIL YOU HAVE SOMETHING, RIGHT? YOU’RE THE WORST BIG UTILITY IN AMERICA, RIGHT? DON’T YOU KNOW THAT?

“Accordingly, I have asked the Audit Committee of the Board of Directors to independently review Commissioner Ferron’s assertion of ‘deliberate and calculated dishonesty‘ by PG&E and his assertion that actions of senior management ‘were a clear attempt to conceal or obfuscate the facts on important matters involving the public’s trust …’. These are very disturbing statements.

NO NO NO NO, PG&E. HIS STATEMENTS ARE NOT “VERY DISTURBING”  – THAT’S JUST HIM TRYING TO DO HIS JOB. NO NO, IT’S _YOUR_ BEHAVIOR THAT’S DISTURBING. IT’S YOUR MALFEASANCE AND NONFEASANCE WHAT’S DISTURBING.

I have asked that the Audit Committee assessment be conducted expeditiously such that we can report back to the Commission, employees and the public with confidence that the assertions have been thoroughly reviewed and that appropriate actions, if merited, have been taken.”

IT SOUNDS LIKE YOU THINK THAT YOU’VE DONE NOTHING WRONG, PG&E. WHY NOT INSTEAD SAY, ” OH YES, WE DIDN’T FILE ON TIME AND  WE SHOULD HAVE AND YADA YADA YADA ANDWE’RE SORRY?” YOU KNOW, WHEN IT’S APPROPRIATE, WHICH IS OFTEN? AND ISN’T THE CPUC SUPPOSED TO BE THE PARTY THAT DOES “REVIEW” INDEPENDENT OF PG&E? IT SEEMS AS IF YOU THINK PEOPLE SHOULD WAIT AROUND ON YOU ALL TO SEE IF YOU ALL WILL ADMIT TO _ANY_ WRONGDOING.

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric utilities in the United States. Based in San Francisco, with more than 20,000 employees, the company delivers some of the nation’s cleanest energy to 15 million people in Northern and Central California – www.pgecurrents.com. SOURCE PG&E Corporation

WELL I GUESS HYDRO ENERGY STOLEN THROUGH BRIBERY A CENTURY AGO IS “CLEAN,” BUT IN SOME WAYS IT’S NOT, PG&E.

OH, AND NOW YOU’RE GETTING SUED BY SOME OF YOUR SHAREHOLDERS?

“The lawsuit, filed by shareholder Hind Bou-Salman, names numerous past and present PG&E executives and board members, including former Chairman of the Board and CEO Peter Darbee as well as his predecessor Thomas King and current PG&E President Christopher Johns. It claims that hundreds of millions of dollars that were to be used for pipeline assessment, maintenance and record keeping was instead used to buy back stock, improving PG&E’s bottom line and giving bonuses and stock options to the executives. Bou-Salman, a Millbrae resident and PG&E stockholder for 23 years, wants PG&E executives to be held accountable for the millions of dollars the company has spent settling lawsuits and paying fines stemming from the 2010 natural gas pipeline explosion in San Bruno. She filed the suit on behalf of other shareholders.”

OH WELL.

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