Posts Tagged ‘Peter Darbee’

The Chevrolet Volt is Not an Electric Car – Repeticion: El Chevy Volt No Es Un Coche Electrico

Monday, April 25th, 2011

[UPDATE: Well, I spoke too soon - Pigs, Giraffes, & Elephants just decided to foot the bill for their departing CEO. See below]

I don’t know, the problem with talking about “GM’s race to develop the electric Chevrolet Volt” is that the Chevrolet Volt isn’t an electric car.

It’s a plug-in hybrid, just like those familiar Toyota Priuseses you see being driven (badly) all over town.

So, calling the Volt “electric” is muy prohibidado, ‘specially for the writers at the New Yawk Times.

A PG&E exec motoring through the Inner Richmond to the glamorous West Bay suburbs of the 415 – let’s hope he won’t get $35 million of our money* when he screws something up/kills people and then quits/gets fired.

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(Garish decals removed, you’re welcome)

*”PG&E Shareholders to Pay Pension Benefits for Retiring CEO

SAN FRANCISCO, April 25, 2011 /PRNewswire/ — Earlier today, PG&E Corporation’s (NYSE: PCG) Board of Directors voted to amend the pension benefits for retiring Chairman, CEO and President Peter Darbee to provide that all pension benefits will be funded by the Corporation’s shareholders.

“With Mr. Darbee’s decision to retire, the Board is fully committed to taking steps that demonstrate the company is moving in a new direction,” said Lee Cox, the Board’s Lead Director. “Renewing public faith in PG&E is critical to our future. Today’s decision is another opportunity to show customers, regulators and others that PG&E is listening closely and taking action to earn back their confidence.”

The company announced last week that Darbee will retire effective April 30, 2011. Effective May 1, Cox will serve as interim Chairman, CEO and President of PG&E Corporation until a long-term successor to Darbee is onboard.

PG&E Corporation is a Fortune 200 energy-based holding company, headquartered in San Francisco. It is the parent company of Pacific Gas and Electric Company, California’s largest investor-owned utility. PG&E serves more than 15 million Californians throughout a 70,000 square-mile service area in northern and central California. For more information, visit the Web site at http://www.pgecorp.com.

Senator Leland Yee Throws Down: Gets PG&E to Reroute Natural Gas Pipeline in San Bruno Disaster Area

Friday, October 22nd, 2010

PG&E President Christopher P. Johns says that the 30-inch, long-haul natural gas pipeline that goes under San Bruno will be rerouted. That’s the news of the day from the office of Senator Leland Yee. Details below.

[UPDATE 10:45 AM: Then there's this from The Bay Citizen, which is saying the commitment level of PG&E is less than 100%...]

[UPDATE 11:09 AM: Leland's people are adamant that there is a 100% commitment from PG&E to get that pipeline out of that neighborhood in San Bruno. Here's the latest: "Sen. Yee: PG&E made a commitment to move the pipeline and we will hold them accountable to the commitment and work with them to get approval."]

A shot from the aftermath from photographer David Yu

“Gas Pipeline to be Moved Out of San Bruno Neighborhood. At the urging of Senator, Mayor, and Families, PG&E Commits to Finding New Pipeline Location
 
SAN BRUNO – PG&E President Chris Johns has committed to moving the gas pipeline that ruptured on September 9 out of the San Bruno neighborhood, according Senator Leland Yee (D-San Francisco) and San Bruno Mayor Jim Ruane. Yee and Ruane, as well as several of the families impacted by the explosion, had requested that PG&E find a more suitable location.
 
“These families deserve an opportunity to rebuild without the possibility of this ever happening again,” said Yee.  “The only way these families can recover is to move the pipeline out of their neighborhood.  I look forward to working with Mayor Ruane – who has done an extraordinary job in leading his city during this difficult time – to find a more appropriate location.”
 
“We simply can not rebuild the neighborhood as long as that pipeline exists in its current location,” said Ruane.  “Our families will not live there under those conditions and our city will never be able to heal.”
 
Johns made the commitment to relocate the pipeline yesterday while meeting with Ruane.  Today, Yee and Ruane will meet with PG&E officials to begin the process of finding alternative locations for the pipeline.
 
“There are several competing interests in finding the appropriate location, but surely there must be a better place than through the middle of a residential neighborhood,” said Yee.  “I am confident we can come together as a community and get this done right.”
 
Earlier this week, Governor Arnold Schwarzenegger (R-Los Angeles) signed into law a bill first introduced by Yee to provide disaster relief for the affected families of the San Bruno fires and to assist the County of San Mateo, City of San Bruno, and local schools. 
 
Specifically, the bill allows a continuation of the $7,000 property tax exemption for homeowners who would have qualified for the exemption if their home had not been damaged or destroyed.  In addition, the bill allows taxpayers (personal and business) to deduct income loss as result of the incident. Finally, the bill includes assistance to the County of San Mateo, City of San Bruno, and local schools by providing a one-year reimbursement from the State for any tax losses related to the lower property assessments of damaged or destroyed homes.
 
Following an investigation by the National Transportation Safety Board (NTSB) and a responsible party determined, the responsible entity would then have to pay back the state for the cost of the tax relief provided for in the legislation.

Here It Is: The Complete NTSB Preliminary Report of the San Bruno Gas Fire – The Cause Revealed – PG&E Responds

Wednesday, October 13th, 2010

Appears as if the Feds have determined what happened in San Bruno.

Basically, some electrical box failed 40 miles away in Milpitas and the result was death and destruction in San Bruno. They’re still working on why the steel was so weak. Expect a full report next year sometime…

A shot from the aftermath from photographer David Yu

First up is PG&E’s reply to today’s release, filled with palliative cliches. I mean, you can skip it as it probably isn’t aimed at informing you of anything:

“SAN FRANCISCO, Oct. 13  — Pacific Gas and Electric Company (PG&E) issued the following statement today from President Chris Johns in response to the National Transportation Safety Board’s (NTSB) release of its preliminary report on the pipeline accident in San Bruno, California, on September 9, 2010:

We thank the National Transportation Safety Board for today’s release of its preliminary report on the tragedy in San Bruno. Although a final report and a conclusive set of findings are likely to be many months down the road, this initial release of information is an essential first step. We welcome it, and appreciate the painstaking efforts of the NTSB experts to conduct a thorough and comprehensive investigation to determine the root cause of this terrible accident.

“It is critical to the people of San Bruno, our customers and the industry that we get to the bottom of this accident and take the necessary steps to prevent such a tragedy from ever happening again.

“With that goal in mind, PG&E will continue to do everything we can to cooperate with and supportthe NTSB’s investigation.

“Our pledge to everyone who relies on PG&E to operate our gas infrastructure safely and securely is that we will take any and all appropriate steps to ensure we’re meeting this fundamental commitment.

“Since the accident, we’ve re-inspected the three major pipelines that serve the San Francisco Peninsula. We are in the process of conducting aerial inspections and ground leak surveys of our entire gas transmission system. And we continue to take steps to share information about our system with public officials, first responders and our customers.

“We continue to extend our support and our sympathies to the San Bruno community and the residents affected by this tragedy.”

And next up is the NTSB Report itself. It’s accessible. See it after the jump

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PG&E Announces the “Rebuild San Bruno Fund” – $100,000,000 for Recovery from the Gas Fire

Monday, September 13th, 2010

Well, it looks as if the folks at our local utility monopoly have been working overtime this past weekend trying to get ahead of developments.

(Will PG&E‘s billion-dollar’s worth of insurance coverage be available? Don’t know. Will it be enough? Don’t know.)

This a bold move, IMO. Pigs Giraffes and Elephants is already definitely on the hook big time so why stonewall, right?

Anyway, the announcement is not good news for the local plaintiff’s bar, that’s for sure…

A shot from the aftermath from photographer David Yu

Here it is: 

PG&E Establishes ‘Rebuild San Bruno’ Fund. Uses Include Reimbursing City, Providing Residents Additional Immediate Financial Assistance

SAN BRUNO, Calif., Sept. 13 — Pacific Gas and Electric Co. (PG&E) today announced the creation of the “Rebuild San Bruno Fund,” which will make available up to $100 million for the residents and city of San Bruno to help recover from last Thursday’s tragic event.

PG&E Corporation Chairman, CEO and President Peter Darbee and Pacific Gas and Electric Company President Chris Johns met with San Bruno Mayor Jim Ruane and San Bruno residents to announce the fund and pledge their commitment to rebuilding San Bruno, which includes covering the city’s costs associated with its response to the event.

“We know that no amount of money can ever make up for what’s been lost,” said Darbee. “This program is just one piece of our promise that PG&E will live up to its commitment to help rebuild this community and help the people of San Bruno rebuild their lives.”

To administer these funds on behalf of the company, PG&E will partner with government officials, community leaders and organizations, including the American Red Cross and the United Way of the Bay Area.

Funds will be used to provide both immediate and long-term support to San Bruno residents and the city for three primary purposes:

 –  Ensuring that residents are reimbursed for costs or losses that may not be covered by their insurance.

 –  Providing additional direct immediate financial assistance, in the form of cash disbursements, to residents in the affected area.

 –  Reimbursing the city of San Bruno for costs it incurs to respond to this incident and to rebuild or repair public infrastructure and facilities.

PG&E today provided San Bruno officials with an initial check for $3 million to help compensate the city for its estimated expenses incurred to date. The company is also taking immediate steps to provide assistance to affected residents. For residents in the affected area, PG&E will provide disbursements of $15,000, $25,000, or $50,000 per household depending on the extent of damage incurred.

Residents are not being asked to waive any potential claims in order to receive these funds. Also, these funds are being provided in addition to the company’s ongoing provision of funds to ensure affected residents continue to have access to temporary housing and other basic necessities.

“We are here today, and we’ll continue to be here,” said Johns. “We are going to be here as long as it takes and do whatever it takes to help the people and the city of San Bruno rebuild their lives and their community.”

PG&E, 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 20,000 employees, the company delivers some of the nation’s cleanest energy to 15 million people in Northern and Central California. For more information, visit http://www.pge.com/about/newsroom/.

Governor Arnold Schwarzenegger Lauds PG&E for Huge New Solar Initiative

Tuesday, February 24th, 2009

Well, local utility PG&E (remember writing out Pigs, Giraffes and Elephants as the payee when making your monthly payment, back when we still used checks? Good times) had a big, big news conference today about solar power projects – that should help them meet state requirements regarding renewable energy.

Governor Arnold Schwarzenegger approves of this trend, anyway. And it’s a shot in the arm for the photovoltaics (PV) industry. Read on for more deets and selected quotes.

Here’s what it looked like this morning, with PG&E Chairman of the Board, Chief Executive Officer and President Peter Darbee and Senior Vice President of Energy Procurement Fong Wan making the announcement: 

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PG&E Launches 500 Megawatt Solar Power Initiative

Utility-Owned and Independent Projects Would Speed Customer Access to Cleaner Energy

Pacific Gas and Electric Company (PG&E) today announced plans for a five-year program to develop up to 500 megawatts (MW) of clean solar photovoltaic (PV) power in its northern and central California service area, one of the largest undertakings of its kind in the country.

The proposed program consists of up to 250 MW of utility-owned PV generation – PG&E’s first direct investment in renewable generation in over a decade – and an additional 250 MW to be built and owned by independent developers under a streamlined regulatory process. PG&E is submitting its plan today to the California Public Utilities Commission for approval, which could come later this year.

If all projects are up and running by 2015, they are expected to deliver more than 1,000 gigawatt hours of power each year, equal to the annual consumption of about 150,000 average homes. In all, this program would meet over 1.3 percent of PG&E’s electric demand.

“I applaud PG&E for its commitment to making a direct investment in clean, renewable solar energy generation that will eventually power tens of thousands of California homes,” said Governor Arnold Schwarzenegger. “By bringing renewables online as quickly as possible and advancing the development of green technologies, this effort will advance California’s aggressive push to meet our long-term energy and climate change goals while keeping California on the leading edge of this booming industry.”

“This program represents an unprecedented commitment of our capital and expertise to speed the delivery of clean, renewable energy to our customers,” said PG&E CEO and President Peter Darbee. “With many renewable-energy projects delayed, we can’t afford business as usual when it comes to protecting the environment and meeting our customers’ expectations.”

More deets after the jump

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