The first report of the deadly Camp Fire came from near Pugla, November 2018. (Karl Mondon/Bay Area News Group)

In summary

PG&E’s bankruptcy in 2001 and the one to come are at once similar and very different. But we did learn lessons the hard way in 2000 and 2001. Having lived through the last bankruptcy, my suggestion to policymakers is to slow down and conduct a thorough analysis to fully understand the nature of the problem.

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