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PG&E Saga Shows Calif. Utility Model Untenable, Execs Say

By Michelle Casady ( March 14, 2019, 4:26 PM EDT) -- Pacific Gas & Electric Co.'s bankruptcy in the wake of catastrophic wildfires highlights how "unsustainable" California's utility model is and the need for change, the CEOs of Vistra Energy and Florida Power & Light Co. said at a Houston energy conference Thursday....

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