Business News
Gov. Gavin Newsom, together with California’s newly-appointed energy “czar,” Cabinet Secretary Ana Matosantos, on Tuesday convened a roundtable meeting with key parties involved in the bankruptcy of Pacific Gas and Electric as part of a new state effort to accelerate the company’s reorganization process.
The Official Creditors Committee of PG&E welcomed the governor’s involvement in helping ensure PG&E resolves its bankruptcy case by June 30, 2020, the state-mandated deadline to access the state’s $21 billion wildfire fund under AB1054.
“We understand the challenge of balancing numerous competing interests in a case like this, and we welcome the governor’s involvement in helping facilitate a swift and fair resolution that treats all parties fairly. With wildfire season upon us and the new year swiftly approaching, we understand the urgency to ensure PG&E emerges from bankruptcy expeditiously and we appreciate the governor’s effort in bringing parties together to help resolve this matter,” the committee said in a written statement.
The Official Creditors Committee plays a vital role in supporting PG&E’s operations and underscored at the meeting the importance of reaching a swift and fair resolution for all stakeholders.
“We advocate for a pragmatic solution that fundamentally and responsibly revamps the way PG&E does business. A new, restructured PG&E must be operationally and financially stable, with sufficient access to capital, to preserve access to reliable and affordable energy, ensure safety and protect jobs. We seek a resolution that treats wildfire victims, ratepayers and creditors fairly and ensures future safe operations, and the delivery of reliable energy to Californians,” the committee’s statement read.
The Official Creditors Committee also emphasized that it is committed partners in creating a new, restructured and financially-viable utility, one that meets all Californians’ need for safe, reliable and affordable energy.
“The Official Creditors Committee looks forward to working with Gov. Newsom, Secretary Matasantos, the new court-appointed mediator, Judge Newsome, and all parties to reach a swift resolution, and identify solutions to ensure safe, reliable and affordable energy to Californians. We are all in this together,” the committee said.
Tuesday’s meeting at the State Capitol comes just four days after Gov. Newsom announced that he would consider the extraordinarily step of a state takeover of the utility if PG&E is not prepared to reach a resolution by June 30, 2020.
Appointed by the U.S. Government, the Official Creditors Committee represents a broad constituency of individuals and businesses seeking a fair and successful resolution to the PG&E bankruptcy case.
The Official Creditors Committee represents tens of thousands of California union members and retirees, the nation’s largest producer of solar and wind energy, vital lenders and financial institutions, and innumerable small and medium sized businesses that supply critical services and materials to PG&E.
The Official Creditors Committee serves as a fiduciary, working to ensure that the interests of PG&E's creditors are heard. No one creditor, special interest or group takes priority. The group represents a critical constituency to both PG&E and the State of California, and are committed partners in the restructuring of PG&E.
The Official Creditors Committee of PG&E welcomed the governor’s involvement in helping ensure PG&E resolves its bankruptcy case by June 30, 2020, the state-mandated deadline to access the state’s $21 billion wildfire fund under AB1054.
“We understand the challenge of balancing numerous competing interests in a case like this, and we welcome the governor’s involvement in helping facilitate a swift and fair resolution that treats all parties fairly. With wildfire season upon us and the new year swiftly approaching, we understand the urgency to ensure PG&E emerges from bankruptcy expeditiously and we appreciate the governor’s effort in bringing parties together to help resolve this matter,” the committee said in a written statement.
The Official Creditors Committee plays a vital role in supporting PG&E’s operations and underscored at the meeting the importance of reaching a swift and fair resolution for all stakeholders.
“We advocate for a pragmatic solution that fundamentally and responsibly revamps the way PG&E does business. A new, restructured PG&E must be operationally and financially stable, with sufficient access to capital, to preserve access to reliable and affordable energy, ensure safety and protect jobs. We seek a resolution that treats wildfire victims, ratepayers and creditors fairly and ensures future safe operations, and the delivery of reliable energy to Californians,” the committee’s statement read.
The Official Creditors Committee also emphasized that it is committed partners in creating a new, restructured and financially-viable utility, one that meets all Californians’ need for safe, reliable and affordable energy.
“The Official Creditors Committee looks forward to working with Gov. Newsom, Secretary Matasantos, the new court-appointed mediator, Judge Newsome, and all parties to reach a swift resolution, and identify solutions to ensure safe, reliable and affordable energy to Californians. We are all in this together,” the committee said.
Tuesday’s meeting at the State Capitol comes just four days after Gov. Newsom announced that he would consider the extraordinarily step of a state takeover of the utility if PG&E is not prepared to reach a resolution by June 30, 2020.
Appointed by the U.S. Government, the Official Creditors Committee represents a broad constituency of individuals and businesses seeking a fair and successful resolution to the PG&E bankruptcy case.
The Official Creditors Committee represents tens of thousands of California union members and retirees, the nation’s largest producer of solar and wind energy, vital lenders and financial institutions, and innumerable small and medium sized businesses that supply critical services and materials to PG&E.
The Official Creditors Committee serves as a fiduciary, working to ensure that the interests of PG&E's creditors are heard. No one creditor, special interest or group takes priority. The group represents a critical constituency to both PG&E and the State of California, and are committed partners in the restructuring of PG&E.
- Details
- Written by: Official Creditors Committee of PG&E
The California Department of Fish and Wildlife, the California Department of Food and Agriculture and the State Water Resources Control Board are hosting a free online commercial cannabis cultivation permitting workshop.
The workshop will take place from 11 a.m. to 12:30 p.m. Tuesday, Nov. 12.
Register at www.wildlife.ca.gov/cannabispermitting.
"This online workshop allows cultivators to learn more about the regulatory requirements of commercial cannabis cultivation from a location of their choice," said Jennifer Nguyen, CDFW's acting Cannabis Program director. "There is no better time to understand more about state compliance, reducing environmental impacts and setting up your grow for success."
The free workshop is ideal for new and existing commercial cannabis cultivators. Those interested in attending can follow the link below and register.
The online workshop is limited to 200 participants so early registration is recommended.
CDFA's CalCannabis Cultivation Licensing Division will provide an overview of the licensing process for commercial cannabis farmers, including the required application attachments.
The State Water Resources Control Board will review the cultivation policy, water rights and water quality relative regulations, and other important information.
CDFW will cover Lake and Streambed Alteration Agreements and how to limit environmental impacts.
Other participating cannabis regulatory agencies include the Department of Pesticide Regulation, the Franchise Tax Board and the Employment Development Department.
Questions can be submitted at the end of the final presentation.
All commercial size cannabis cultivators are encouraged to obtain required state licenses and county permits, as well as implement best management practices to reduce environmental impacts. Doing so can help cultivators avoid common pitfalls that may lead to enforcement actions.
To learn more about CDFW's role in cannabis cultivation, please visit www.wildlife.ca.gov/cannabis or emailThis email address is being protected from spambots. You need JavaScript enabled to view it. .
To learn more about the SWRCB's Division of Water Quality's role in cannabis cultivation, please emailThis email address is being protected from spambots. You need JavaScript enabled to view it. or call the DWQ Cannabis General Order hotline at 916-341-5580.
For more information about becoming a licensed cannabis farmer and for an overview of the California Cannabis Track-and-Trace System, please visit CDFA's CalCannabis Cultivation Licensing's website at http://CalCannabis.cdfa.ca.gov or call 1-833-CALGROW.
To report illegal cannabis cultivation and environmental crimes such as pollution, water diversions and poaching, please call the CalTIP hotline at 888-334-2258 or text information to "TIP411" (847411).
The workshop will take place from 11 a.m. to 12:30 p.m. Tuesday, Nov. 12.
Register at www.wildlife.ca.gov/cannabispermitting.
"This online workshop allows cultivators to learn more about the regulatory requirements of commercial cannabis cultivation from a location of their choice," said Jennifer Nguyen, CDFW's acting Cannabis Program director. "There is no better time to understand more about state compliance, reducing environmental impacts and setting up your grow for success."
The free workshop is ideal for new and existing commercial cannabis cultivators. Those interested in attending can follow the link below and register.
The online workshop is limited to 200 participants so early registration is recommended.
CDFA's CalCannabis Cultivation Licensing Division will provide an overview of the licensing process for commercial cannabis farmers, including the required application attachments.
The State Water Resources Control Board will review the cultivation policy, water rights and water quality relative regulations, and other important information.
CDFW will cover Lake and Streambed Alteration Agreements and how to limit environmental impacts.
Other participating cannabis regulatory agencies include the Department of Pesticide Regulation, the Franchise Tax Board and the Employment Development Department.
Questions can be submitted at the end of the final presentation.
All commercial size cannabis cultivators are encouraged to obtain required state licenses and county permits, as well as implement best management practices to reduce environmental impacts. Doing so can help cultivators avoid common pitfalls that may lead to enforcement actions.
To learn more about CDFW's role in cannabis cultivation, please visit www.wildlife.ca.gov/cannabis or email
To learn more about the SWRCB's Division of Water Quality's role in cannabis cultivation, please email
For more information about becoming a licensed cannabis farmer and for an overview of the California Cannabis Track-and-Trace System, please visit CDFA's CalCannabis Cultivation Licensing's website at http://CalCannabis.cdfa.ca.gov or call 1-833-CALGROW.
To report illegal cannabis cultivation and environmental crimes such as pollution, water diversions and poaching, please call the CalTIP hotline at 888-334-2258 or text information to "TIP411" (847411).
- Details
- Written by: California Department of Fish and Wildlife





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