Select Page

Don't Tread On My Site

PG&E’s Rolling Blackouts Could Leave 1.8 Million Californians Without Power

Load WordPress Sites in as fast as 37ms!

PG&E’s Rolling Blackouts Could Leave 1.8 Million Californians Without Power

Parts of California are seriously starting to behave like a third world country. No, we’re not talking about the poop, homeless, and opioid crisis on the streets of San Francisco, we’re talking about rolling blackouts from the state’s electric company, PG&E Corp.

The next round of blackouts are expected on Tuesday, as 1.8 million Californians will experience their fourth planned power shutoff this month.

The warning of the next big blackout came late Monday as PG&E restored electricity to nearly one million residents after the company cut power over the weekend to prevent windstorms from knocking over its powerlines and sparking fires, reported Bloomberg.

With another windstorm expected for Tuesday, PG&E will reduce power to 605,000 homes and businesses in the Bay Area, California’s wine country, and several regions around Sacramento to minimize powerline accidents that could spark wildfires.

https://platform.twitter.com/widgets.js

The Kincade Fire, currently burning in Sonoma County, started last Wednesday after a PG&E high-voltage transmission line was blown over by a windstorm.

PG&E has been routinely criticized for its faulty equipment sparking a string of wildfires in 2017 and 2018 that killed dozens of people and destroyed hundreds of structures with estimated damage of $30 billion. PG&E has since filed for bankruptcy as its stock has crashed 95% in 25 months.

Bloomberg notes that 3 million Californians are still recovering from last week’s blackout, with at least half of those folks without power through Monday night. Most of these folks without power will likely remain in the dark as the next round of blackouts starts Tuesday morning.

“This event will start to impact the same people again in certain areas,” PG&E utility chief Andy Vesey told journalist Monday. “It is the weather — it’s not something we can control.”

Fires have also erupted in Southern California, affecting the ultra-wealthy in their upscale neighborhoods in Los Angeles.

“Leave,” Los Angeles Mayor Eric Garcetti told residents Monday. “The only thing you cannot replace is you and your family. So get your loved ones, your pets, and leave.”
*map

As fires rage across the state and power is shutoff to millions of residents and businesses, the loss of economic activity could start weighing down on the state’s GDP. The economic losses over the last several years are expected to be in hundreds of billions of dollars.


Tyler Durden

Tue, 10/29/2019 – 09:35


This post has been republished with permission from a publicly-available RSS feed found on Zero Hedge. The views expressed by the original author(s) do not necessarily reflect the opinions or views of The Libertarian Hub, its owners or administrators. Any images included in the original article belong to and are the sole responsibility of the original author/website. The Libertarian Hub makes no claims of ownership of any imported photos/images and shall not be held liable for any unintended copyright infringement. Submit a DCMA takedown request.

-> Click Here to Read the Original Article <-

Advertise on Libertarian Hub

About The Author

Tyler Durden

Zero Hedge's mission is to widen the scope of financial, economic and political information available to the professional investing public, to skeptically examine and, where necessary, attack the flaccid institution that financial journalism has become, to liberate oppressed knowledge, to provide analysis uninhibited by political constraint and to facilitate information's unending quest for freedom. Visit https://www.zerohedge.com

Leave a reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Welcome

Bringing together a variety of news and information from some of today’s most important libertarian thought leaders. All feeds are checked and refreshed every hour and pages auto-refresh every 15 minutes. External images are deleted after 30 days.

Time since last refresh: 0 second

Publish Your Own Article

Follow The Libertarian Hub