PG&E’s History of Malfeasance2010PG&E’s natural gas lines cause an explosion in a San Bruno neighborhood, killing eight people. 2016PG&E convicted of six felonies for the 2010 San Bruno explosion, and placed on a five year criminal probation.2017PG&E suspends paying shareholder dividends. 2018PG&E equipment causes the Camp Fire, which kills 84 people. It is the deadliest wildfire in California history. 2019PG&E pleaded guilty in 2019 to 84 counts of involuntary manslaughter from the Camp Fire. PG&E asks for Chapter 11 Bankruptcy protection. Federal Judge William Alsup blamed PG&E of prioritizing profits over safety, as reported by KQED: “PG&E pumped out $4.5 billion in dividends and let the tree budget wither.”2020PG&E’s bankruptcy approved in federal court.PG&E is restructured and leaves bankruptcy.2021PG&E’s CEO makes $51 million salary, the most by any utility executive in the US by a significant margin.2022PG&E leaves criminal probation, but Federal Judge Aslup wrote, “PG&E has gone on a crime spree and will emerge from probation as a continuing menace to California.”2023PG&E resumes paying shareholder dividends of more than $21 million
