Most people agree that we need utilities to be monopolies. PG&E, for all intents and purposes, is an arm of the state. Perhaps it’s private in some sense but we all know it’s the government. It has to abide by all manner of government mandates, there is no competition. If you want it to go bankrupt just let it go bankrupt. Whatever replaces it will be the same thing. I don’t have a solution but all the teeth gnashing isn’t going to change the fact that electricity is a government issue and whoever runs it will work at the behest of the California government and the voters.

Pass whatever rules you want. It isn’t going to change the fundamental nature of the org, which is a reflection of the voters. This is a government problem, through and through