How fighting housing nearly bankrupted one of America’s richest towns
Portola Valley, California — On a Sunday afternoon a few years ago, a dozen or so neighbors held a meeting with then-Portola Valley Mayor Craig Hughes. The backyard rally in the small, wealthy Silicon Valley enclave was peaceful, but voters left an unmistakable message, Hughes said. If Hughes and other town leaders don’t like state-mandated […]
Biden Admin Cuts Huge Lame Duck Check For California Utility Bankrupted For Role In Massive Wildfires
The Biden-Harris administration’s Department of Energy (DOE) announced on Tuesday that it has offered up to $15 billion in conditional financing to California utility Pacific Gas & Electric Company (PG&E), according to a press release. The loans proposed by the DOE Loan Programs Office (LPO) are for a variety of projects aimed at “expanding hydropower […]
