Climate reality bites investors with PG&E ’s bankruptcy

ImpactAlpha, January 16 – Staid and stable utilities have long been viewed as safe investments. Climate change has disrupted that assumption, at least in California, where PG&E indicated it would seek bankruptcy protection by the end of the month. The utility may be liable for more than $30 billion in damages from wildfires in 2017 … Continue reading Climate reality bites investors with PG&E ’s bankruptcy