Americas > PG&E bankruptcy could alter California ETS regulations, while renewable contracts remain in place

PG&E bankruptcy could alter California ETS regulations, while renewable contracts remain in place

Published 21:21 on January 28, 2019  /  Last updated at 21:32 on January 30, 2020  /  Americas, Canada, US  /  No Comments

California utility Pacific Gas & Electric (PG&E) could prompt future changes to the state’s cap-and-trade regulations depending on the outcome of Chapter 11 proceedings, but the company can’t immediately unwind any renewable energy contracts without federal approval.

California utility Pacific Gas & Electric (PG&E) could prompt future changes to the state’s cap-and-trade regulations depending on the outcome of Chapter 11 proceedings, but the company can’t immediately unwind any renewable energy contracts without federal approval.

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