A coalition of California mayors and county commissioners are calling for a public buyout option for PG&E
The mayors of Oakland, Sacramento and more than a dozen other California municipalities are joining San Jose in a campaign to buy out the investor-owned PG&E Corp. and turn it into a giant customer-owned cooperative.
The idea, first floated last month by San Jose Mayor Sam Liccardo, is winning support from mayors and county commissioners who represent approximately one-quarter of the population served by PG&E’s utility subsidiary, Pacific Gas & Electric Co.
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