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Re:California Mayors Join Campaign to Buy Out PG&E by nerfhammer on Tuesday November 05, 2019 @09:50PM (#21459297)
The CPUC (state regulators) control almost everything about what PG&E is allowed to budget and charge.

Here's an example:

http://docs.cpuc.ca.gov/PublishedDocs/Published/G000/M102/K3...

Re:California Mayors Join Campaign to Buy Out PG&E by billions on Tuesday November 05, 2019 @10:24PM (#21459490)
Since the state failed at controlling PG&E's budget, why should the state be trusted with further control?
Re:California Mayors Join Campaign to Buy Out PG&E by nerfhammer on Wednesday November 06, 2019 @12:05AM (#21459864)
I mean, no? Seems like it's the worst of both worlds.