public utilities commission's investigation. we are committed to keeping customers, communities and co- workers safe every single day. a state senator, a pg&e critic, is not surprised by the california public utilities commission's findings that utility falsified data. >> the surprise is that they got caught officially by the california public utilities commission. >> reporter: in pg&e's 2018 gas safety plan which we found online it says it installed 2500 pipeline markers and repairs were made to 900 existing pipeline markers. pg&e says it monitors its system on a 24 hour basis. >> they lied. we heard that over and over again by contractors who work with pg&e all the time. they can't trust them until someone goes to prison. until someone spends time behind bars we are not going to see the culture change. >> reporter: the california public utilities commission opened a proceeding to consider penalties and corrected pg&e to take corrective measures and a judge will be hearing testimony from california public utilities commission a

let's get in the money looking at the utilities etf. >> yes today was trading at a new 52-week high one of the things interesting we have a one-year chart it was tracking the performance of the s&p most of the year and there's been a bit of a divergence over the last couple of months you see the orange line where it's gone up to the right. it's gone down and to the right. to me that doesn't make a lot of sense. i get the notion of going to safety when you look at components of the xlu these are expensive utilities stocks trading above market multiples so i just don't get it if you go back and look at a 20-year chart and look relative outperformance for a little bit in utility stocks, in the xlu, into the past market corrections or market crashes, ultimately it follows suit not too long after either. so one of the reasons i was looking at xlu is there kind of a heads you win tails you win sort of situation in my opinion. if we stay volatile into the new year, the s&p goes down further if the s&p finds its footing and makes a march back towards the prior highs at some point in the next co

policies that the city has and so forth, or that the different utility providers have. and a pretty -- what we're striving for is detailed implementation plan that we can take and it can be incorporated into the capital plan, into the emergency response plan and other tools. so here is set. we had the level set. so we're using the two rather extreme examples, or scenarios. and we're asking the utilities to provide us information on how they would be able to respond to a 7.9 earthquake, similar to what we faced in 06. and 7.0. we're somewhat unique we're in the middle of two rather large earthquake faults. so there is a fair amount of information on both of these scenarios, which we believe gave us a head start in moving this forward. the approach, some of you may remember, spur in 2009, did their report on resilient city that set out performance targets. the national institute of science and technology. this followed that up and have put out their own performance expectations for utilities, housing and other types of infrastructure. and then the university of british co

commission, pg&e said in part, we are aware of and cooperating with the california public utilities commission's investigation. we are committed to keeping customers, communities and co- workers safe every single day. a state senator, a pg&e critic, says he is not surprised by the california public utilities commission's findings that utility falsified data. >> the surprise is that they got caught officially by the california public utilities commission. >> reporter: in pg&e's 2018 gas safety plan which we found online it says it installed 2500 pipeline markers and repairs were made to 900 existing pipeline markers. pg&e says it monitors its system on a 24 hour basis. >> they lied. we heard that over and over again by contractors who work with pg&e all the time. they can't trust them until someone goes to prison. until someone spends time behind bars we are not going to see the culture change. >> reporter: the california public utilities commission opened a proceeding to consider penalties and directed pg&e to take corrective measures and a judge will be hearing testimony from calif

if we stay volatile and let's say into the new year, the s&p goes down much further, i think utility stocks will follow suit. if the s&p were able to find its footing and start to make a march back towards its prior highs at some point in the next couple of months, i think utilities get sold we're at that in between period where investors don't know what to do. they're flocking to that safety. lastly, look at that five-year chart. i'll let carter speak to all the charts. >> it's $1 for that and one for the 55 puts and selling more than 49 puts at 25 cents there's four months for this thing to play out, and i think we'll have a lot of ways to win. >> this thing pays five to one, and that's one thing you should pay attention to the other thing is that the xlu, much like its constituent stocks pays a handsome dif depd, and it's going to go for the march expiration date. >> how far out of the money is that only about 45 weren't e cents. when you this i about how many xlu would need to deline for this to be profitable, if you held it to expiration, and i don't think you'll need to, but i

the utility this week filed a request with the public utilities commission to raise customer rates. approved..beginning in 2020, the average residential customer will spend an extra $10.50 more a month on gas and electric to allow the utility to net an additional 1.1 billion dollars...more than half of the money would fund wildfire prevention, education, and safet y projects.that includes increasing the effort to keep vegetation away from powerlines...installing 600 cameras along with stronger poles and powerlines, and expanding weather-monitoring stations in high-risk fire areas. pg&es senior vice president of energy supply said, "we understand and embrace our responsibility to safely provide electricity and gas to the communities we have the privilege to serve. as california experiences more frequent and intense wildfires and other extreme weather events, we must take necessary, bold and urgent steps to protect our customers."--((steve malnight, pg&e senior vice president of energy supply and policy.))"do i think they have the right to raise rates again to perform what they alread

it's clearly a new pole that's being inserted for a new utility in an underground utilities district. so i have concerns about that. the second issue is around notification. i did receive a first notification through the mail, but it was not clear to the level of all the things we talked about, this new height of the pole, there was going to be two pieces of equipment on this. it mentioned one. generally, i feel mobility has not respected us as neighbors by ensuring that the right people are getting communication in the first place, number one, and number two, we're getting accurate information. the gentleman here tonight wasn't even clear himself how tall this pole was going to be, and he's representing the company, so i just feel very disrespected on top of that, for what that's worth. thanks. >>clerk: thank you. >> good evening, and thank you for your endurance. my name is burt shen, certainly no enemy of technology. i've worked for at&t, intel, qualcomm. i think my objections are three. number one, due process. mobility was -- and sprint were fined $11.6 million in april of this y

the utility this week filed a request with the public utilities commission to raise customer rates. if approved..beginning in 2020, the average residential customer will spend an extra $10.50 more a month on gas and electric to allow the utility to net an additional 1.1 billion dollars...more than half of the money would fund wildfire prevention, education, and safet y projects.that includes increasing the effort to keep vegetation away from powerlines...installing 600 cameras along with stronger poles and powerlines, and expanding weather-monitoring stations in high-risk fire areas. pg&es senior vice president of energy supply said, "we understand and embrace our responsibility to safely provide electricity and gas to the communities we have the privilege to serve. as california experiences more frequent and intense wildfires and other extreme weather events, we must take necessary, bold and urgent steps to protect our customers."--((steve malnight, pg&e senior vice president of energy supply and policy.))"do i think they have the right to raise rates again to perform what they alr

the utility this week filed a request with the public utilities commission to raise customer rates. if approved..beginning in 2020, the average residential customer will spend an extra $10.50 more a month on gas and electric to allow the utility to net an additional 1.1 billion dollars...more than half of the money would fund wildfire prevention, education, and safet y projects.that includes increasing the effort to keep vegetation away from powerlines...installing 600 cameras along with stronger poles and powerlines, and expanding weather-monitoring stations in high-risk fire areas. pg&es senior vice president of energy supply said, "we understand and embrace our responsibility to safely provide electricity and gas to the communities we have the privilege to serve. as california experiences more frequent and intense wildfires and other extreme weather events, we must take necessary, bold and urgent steps to protect our customers."--((steve malnight, pg&e senior vice president of energy supply and policy.))"do i think they have the right to raise rates again to perform what they alr

the utility this week filed a request with the public utilities commission to raise customer rates.ginning in 2020, the average residential customer will spend an extra $10.50 more a month on gas and electric to allow the utility to net an additional 1.1 billion dollars...more than half of the money would fund wildfire prevention, education, and safet y projects.that includes increasing the effort to keep vegetation away from powerlines...installing 600 cameras along with stronger poles and powerlines, and expanding weather-monitoring stations in high-risk fire areas. pg&es senior vice president of energy supply said, "we understand and embrace our responsibility to safely provide electricity and gas to the communities we have the privilege to serve. as california experiences more frequent and intense wildfires and other extreme weather events, we must take necessary, bold and urgent steps to protect our customers."--((steve malnight, pg&e senior vice president of energy supply and policy.))"do i think they have the right to raise rates again to perform what they already should have

says, he now knows how the utility's equipment caused the wildfire. kron 4's dan kerman is live at p-g-e headquarters.. with more... dan? pge camp fire protest and lawsuit 1211186 insertcarrying signs reading pg and e kills, we pay, more than 2 dozen demonstrators marched through san francisco and inside p, g and e corporate headquarters tuesday to protest the utility's role in the camp fire.sot faiq raza/protester :14all signs point to pge being responsible for the fire, it was their equipment that failed.demonstrators, who read the names of those who perished in the camp fire holds the utility responsible sotnow we know pretty much exactly what happened.attorney mike danko who has filed lawsuits on behalf of both camp fire survivors and family's of victims agrees.. and in his latest filing he tracks the cause of the blaze to a high power transmission line at the poe damsot mike danko/attorney representing camp fire survivors :54kthere was an eletrified wire held off the tower by an insulator, the insulator failed it allowed the wire to touch the tow

. >> supervisor: i want to ask the budget legislative analyst about bed utilization. in your analysis, dit , does it capture the dollars we're spending are a good return on our investment? >> for this type of analysis we look to see what they have been spending and how the contract -- in this case it was a new contract so we look at the process to see that the process was legitimate. it was a competitive and open process and the contract itself reflects what the r.f.p. says and doesn't have different terms from what was publicly advertised and don't look at make sure it corresponds to the contract for an amendment we look at see what happened in the original or prior amendments or the original contract to see where they were with that. i would like to say in terms of a deeper look at it we completed and had a hearing and audit report looking at behavioral services an progress foundation was a contract we looked at as part of the audit. so in that purview we did actually did look more closely at the performance and utilization. >> supervisor: what did that audit yield?

the utility this week filed a request with the public utilities commission to raise customer rates.he average residential customer will spend an extra $10.50 more a month on gas and electric to allow the utility to net an additional 1.1 billion dollars...more than half of the money would fund wildfire prevention, education, and safet y projects.that includes increasing the effort to keep vegetation away from powerlines...installing 600 cameras along with stronger poles and powerlines, and expanding weather-monitoring stations in high-risk fire areas. pg&es senior vice president of energy supply said, "we understand and embrace our responsibility to safely provide electricity and gas to the communities we have the privilege to serve. as california experiences more frequent and intense wildfires and other extreme weather events, we must take necessary, bold and urgent steps to protect our customers."--((steve malnight, pg&e senior vice president of energy supply and policy.))"do i think they have the right to raise rates again to perform what they already should have done? no!" attorn

yesterday the utility and state raised concerns at a public hearing.orter wayne friedman says there is no easy solution. >> in santa rosa's veteran's memorial building a small crowd with concerned worried about a solution that has become a problem. >> we're all vulnerable. >> that's calistoga city manager kjel a california public utilities commission panel when he learned following pg&e wildfire emergency power shut downthat impacted 60,000 customers last october. >> it was a difficult decision we weren't prepared for. >> napa and lake county got hit hard for fears of electrical lines starting fires. the shut up downlasted 48 hours much of that spent reenergizing the lines leading to financial losses and inconveniences across the region. here is yountville mayor john dunbar. >> two hours notice is not sufficient notice in some of our areas. >> the utility heard conditions about the shutoffs needing more planning especially for people with disabilities. >> wheelchairs, lifts that get people out of things and into things. breathing equipment, hearing equ

the utility is accused of lying for years about safety maintenance on natural gas lines. abc 7 news reporter cornell bernard live in the newsroom. >> larry, the california public utilities commission says pg&e failed to mark the location of underground natural gas lines years after the deadly san bruno explosion. >> disgusting. very upsetting. >> former san bruno mayor can't believe it. the california public utilities commission accusing pg&e of falsifying safety documents for natural gas pipelines for years following its criminal conviction for the san bruno pipeline explosion in 2010, which killed eight people. >> i mean, that's after san bruno, you think by then things would have changed. falsifying documents? i mean. >> the cpuc has opened a case against pg&e. its investigation revealed the company failed to mark natural gas lines because of low staffing and pressured supervisors to falsify safety records between 2012 and 2017. the cpuc president saying utility falsification of records is a serious violation of law and diminishes our trust in the utilities' reports on

one of california's largest utility companies could face legal action.ars about safety maintenance on natural gas lines. the california public utilities commission opened a case against pg&e. an investigation reechld they failed to mark natural gas lines because of low staffing and pressured supervisors to falsify safety records between 2012 and 2017. two years after the deadly san bruno explosions. the cpuc called it a serious violation of law that quote diminishes our trust. pg&e responded saying we're committed to accurate and author o reporting and record keeping and we didn't live up to that commitment in this case. pg&e says it's working to update its audit protocol. the utility company says it is working to mitt git the dangerous of electric power lines and high fire danger. but the solution and emergency power shut downis under scrutiny process yesterday the utility and state raised concerns. abc 7 news reporter wayne friedman was there and says there is no easy solution. >> in the veterans memorial building a small crowd with concerns, worried a

alix: tech versus utility in tech bubble from 1993 to 2003. white line is tech versus utility now.more can tech be shaken out? how much more upside in utilities. if we see history repeat itself, a lot. what will lead the market? can utilities help find the bottom? and lead? carol: think about areas beaten up. value guides come into the market and become the leaders. alix: value now? energy and banks? who will buy that now. you have the curve in birding. -- inverting. carol: it will depend on the economy and macro issues resolved. sachswe have the goldman equity strategist. they recently upgraded utilities overweight because of outperformance during accelerated gdp growth environment. theresa may, moments away from speaking in brussels, defending her brexit stance. this is bloomberg. ♪ i'm all about my bed. this mattress is dangerously comfortable. i love my leesa. people everywhere love their leesa mattresses. and now, for an even more luxurious sleep experience, meet the sapira mattress by leesa. sapira is a hybrid mattress combining performance foam technology with individually w

yesterday the utility appear state raised concerns at a public harg.there is no easy solution. >> the youd is concerned they are worried about a slugs that is a problem. >> we're all vulnerable. >> that the city manager telling a public utilities commission panel what he learned during the wildfire shut down it that impacted 60,000 customers last october. >> it was a difficult decision we weren't prepared for. >> napa and lake counties got hit hard for fears of electrical lines starting fires. the shutdown lasted 48 hours must of that spent reenergying the lines and leading to financial losses and inconveniences across the region. >> two hours notice really is not sufficient notice in some of our areas. >> the utility heard concerns about the shutoffs needing more planning especially for people with disabilities. >> wheelchairs, lifts getting people out of things and into things. breathing equipment. hearing equipment. >> you can't just have that turned off, you say. >> no. >> pg&e says they did get the message but restoring power after a shut down rem

the utility this week filed a request with the public utilities commission to raise customer rates.spend an extra $10.50 more a month on gas and electric to allow the utility to net an additional 1.1 billion dollars...more than half of the money would fund wildfire prevention, education, and safet y projects.that includes increasing the effort to keep vegetation away from powerlines...installing 600 cameras along with stronger poles and powerlines, and expanding weather-monitoring stations in high-risk fire areas. pg&es senior vice president of energy supply said, "we understand and embrace our responsibility to safely provide electricity and gas to the communities we have the privilege to serve. as california experiences more frequent and intense wildfires and other extreme weather events, we must take necessary, bold and urgent steps to protect our customers."--((steve malnight, pg&e senior vice president of energy supply and policy.))"do i think they have the right to raise rates again to perform what they already should have done? no!" attorney james frantz says he's currently r

so again, community options are being utilized. and not only are we able to move young people into the community, but we're also able to connect them to community programs and agencies. so log cabin ranch -- we'll move onto the next slide here. our log cabin ranch facility, as supervisor fewer stated, has been open for about 70 years. it is a staff secure facility. it is not a locked facility. it provides educational services that are administered by the san francisco unified school district. we've developed partnerships with vocational agencies that are providing construction training and other trades. we work very closely with the department of public health to provide clinical services, so many of our young people have experienced trauma. we know that many of them are experiencing violence in their communities, and we also know that many of these young people are self-medicating and in need of significant clinical intervention. so those partnerships have been strong with respect to the clinical services. but not only that, san f

the utility this week filed a request with the public utilities commission to raise customer rates. a month on gas and electric to allow the utility to net an additional 1.1 billion dollars...more than half of the money would fund wildfire prevention, education, and safet y projects.that includes increasing the effort to keep vegetation away from powerlines...installing 600 cameras along with stronger poles and powerlines, and expanding weather-monitoring stations in high-risk fire areas. pg&es senior vice president of energy supply said, "we understand and embrace our responsibility to safely provide electricity and gas to the communities we have the privilege to serve. as california experiences more frequent and intense wildfires and other extreme weather events, we must take necessary, bold and urgent steps to protect our customers."--((steve malnight, pg&e senior vice president of energy supply and policy.))"do i think they have the right to raise rates again to perform what they already should have done? no!" attorney james frantz says he's currently representing 10,000 victims

. >>> a major shake up could be in the works for the state's largest utility. regulators are considering breaking up pg&e altogether. we spoke to one critic, who said it's a measure long overdue. >> reporter: for a long time, there has been an idea that pg&e is perhaps too big to fail. critics turning that idea on its head, suggesting the company may be too big to actually succeed, and the puc is considering a wide range of options, including breaking the company up. the public utilities commission is considering more than a half dozen sweeping reforms designed to shake up and possibly break up the utility, because they are, quote "concerned that the safety problems experienced by pg&e were not just one-off situations, but indicated a deeper and more am i can problem. >> the direction pg and e has been going is not working. it has created chaos and destruction around california. so there need to be major change. how we do that change is the question that the puc began to ask yesterday. >> reporter: the puc cited the company's role in the pipeline explosion as w

>> utilities were late to the renewables party but most of them got into that now. many will continue to earn very healthy returns for quite an extended period because they had fixed price tariffs for 15 years. they'll continue to benefit from that for a long time to come as you say, subsidies have come down also the cost of the equipment has come down. so if you invest today, it is probably possible still to earn an attractive return the question is how will you do that in the future with subsidies declining, companies that invest in renewables will be increasingly exposed to merchant power prices so will power prices be high enough in the future to earn that sort of return? with the growth in renewables which are low-cost generation, the effect of that will push power prices down. >> are there any countries in particular that you're looking at in terms of a geographical competitive advantage within europe >> the countries that have grown the most in renewables are germany and the uk will that bring a competitive advantage? in time perhaps. the problem is historic

people are crowding into coke, pepsi, clorox in addition to utilities and reets.ompanies that are not good valuation and don't offer great growth potential it's simply i have no other choice posture often it's not that unwise to do >> broader market cbw, today's price action obviously something could happen tomorrow but did today's price action give you pause at all should we have held the earlier gains? did today tell you anything? >> i think it was very sloppy. at one point we know the russell was negative, the bkx was negative at one point. there's something that's awfully impetuous about the gap. that's exseatingly rare. something that trades 24/7, that's hard to get there's also this. remember the monday october 29th, we ricochetted 26.03 to 28.15 then we gave it all back this ricochet looks awfully similar to that prior ricochet i just don't think it's got legs. >> carter, thank you carter -- >> that's right where we stopped at the 100 day moving average which is 28 point be point 15. that's where we stopped on october 17th and on november 7th or 8th -- 7th

there was utility crews on the ground. so the second biggest takeaway i had was just the massive amount of mutual aid that is required. i know i sound like a broken record to our team on mutual aid, but they had over 4,000 local firefighters that responded to this event. they had over -- upwards of 3,000 utility workers, comcast and at&t, too. traditionally, it's the cal fire management team that organizes the command post and focuses on the repopulation efforts. and making sure that the utility restoration work is in alignment with the incident commander. so to those, are issues we'll have to plan for as well. we're going to be emphasizing those in our training and exercise programs. you'll see a lot of that, as the build up to epicenter and fleet week. the other big takeaway was just public information. literally, the one i.t. person in the town of paradise had to flee town hall by ripping the server out of the wall. so they didn't have access to their own e-mail system for nearly a week. they had no way to communicate w

on the service side, if you think of the utility industry, the utility as a platform, we are the original platform business, you offer services to multitudes of customers and consumers in our country around energy efficiency. we're one of the biggest purveyors of energy efficiency services at almost $8 billion a year across the u.s. him and you can start to think him and about the grid as sort of an ebay of connecting energy solutions, innovators and providers, with large groups of customers and really, you know, make headway that way. finally i think when you think about putting policy in place that starts to get at these climate change solutions, the utility industry has always been a great balancer, a great equalizer, ensuring that the benefits are equitability distributed and the costs are fairly allocated. i think we're indispensable and central and connective tissue. >> it's a pretty interesting time to be in this business. >> it's a great time to be in this business. >> kathleen, i know that you are a student of politics as well as policy and some would say that the midterm electio

in the stunning two-page announcement, the public utilities commission opened up a huge case against pacific gas and electric for falsifying pipeline records from 2012 to 2017. specifically failing to locate and mark natural gas pipelines and changing forms so the work wouldn't appear late. >> during this time all of this was going on, falsification of records from what i've read, it's a very, very upsetting situation. >> reporter: jim roin was mayor of san bruno in 2010 when a 30-ingas pipeline blew in the crestmoor neighborhood sending a 100-foot fireball into the sky killing eight and destroying 38 homes. today dozens of new homes and a new park stands at the site of the area caused by the pipeline explosion. he says pg&e needs to understand this is about more than just a ledger sheet. >> this is not just about metrics and rates. it's about people died because of their lack of care. >> reporter: the utility giant has taken multiple hits recently. the company is under investigation for potentially igniting the deadly camp fire in butte county and has been blamed by cal fire for sev

details on p-g-and-e's efforts to raise customer utility rates .. in order to pay the cost of the companys' wildfire safety projects. (pam) a ring of shoplifters ... all women ... targeting major department store chain here in the bay area... police say, they are responsible for thousands of dollars worth of merchandise stolen from marshalls department stores.. kron4's haaziq madyun explians how police were able to make the arrests.. fremont police arrests five female suspects in connection to a grand theft investigation at this marshalls department storethis all went down wednesday just after 8pm. that is when officers received a call about five female suspects allegedly stealing inside of the store. police arrived, set up a perimeter and after establishing that thefts were taking place, the five women were taken into custody. the store's loss prevention officers tell police that the women are responsible for approximately 35-thousand-dollars in thefts from various marshalls stores over the past monthsome shoppers tell me the incident is part of wh

the cost to the city includes, in addition to the rent, the payment of the utilities averaging $150,000 per year, as well as services which average $125,000 per year. the fair market price was based upon appraisal by collier's which came in $59 per square foot. the city and the landlord have negotiated some extensive repairs and improvements to the air handling, hvac and generator located at the premises. these improvements will be done at the landlord's expense, improving the premises for the police department. i wanted to point out at this time that there are two type graph cal errors. the first modification is page 1, line 3, it says resolution retro actively. obviously this is not retroactive in this lease extension will not commence until approved by the board. >> president cohen: what is the language you're changing? >> line 3 should delete the word retro actively. >> president cohen: do you have these written down? >> i do. >> president cohen: we'll need a copy of that. >> the second change, page 2, line 6, it reads director of public health and the city attorney. that should rea

we know the demographic, we utilize the medical examiner data to utilize solutions. we are giving out 400 naloxone kits every month. the work has to be focused on specific to the populations and understanding that the urban centers are also facing this epidemic in a way that is decimating families. it is not just the young white man 20 to 40. >> fentanyl is seen as the third wave. is there a fourth wave? >> i don't know if i'm skilled enough to predict the fourth wave. in states such as kentucky and a lot of rural areas, they are seeing a resurgence in methamphetamine. the issue is we now have liquid meth. thaturious to think about curious to hear what you think about this. the good news is in a state like kentucky they have 50 syringe service programs. they are poised to address that if they can pivot to the types theervices that are needed good thing about this is you call it the addiction issue. need to make sure we are not only focusing on opioids. , think we are likely to see continue to see increases in methamphetamine and the consequences relating to the injec

we had our utilities decluttered. we' we've paid for these in the 90's, and we've paid substantial fees for this. summing up, the 25 criteria to grant a permit is that mobility must comply with all the requirements. you can see that they've not. they did not comply with noticing requirements, they failed to forth rightly notify our residents of the scale of the work proposed. we believe this is not criteria ten, condition ten, and most importantly does not conform with the condition number -- number two. >>clerk: okay. thank you, sir, your time is up. >> okay. no new poles. thank you. >>clerk: thank you. >> president fung: sir, you said something you wasn't quite sure i heard earlier. >> yes, i'm sorry. >> president fung: you said something about the -- that these devices would not be allowed on light poles. i'm not sure i heard that statement correctly. >> the condition that we're claiming is no new poles are to be erected in underground utility corridors. >> president fung: you're proposing that. >> no, that's the c

that his job is to deliver reliable, affordable utilities to rate payers. it is actually the opposite of its job of what it is chartered for, to come out with some big and bold multibillion dollar buildout plan for renewable energy and efficiency. it is against their jobs. what we are doing with this as we are trying to force the s.f. p.u.c. to do something that is not charter to do, and it is actually chartered not to be that risky pics of the board of supervisors and the mayor are the driver of a buildout plan. that is where we need to go. >> could i recall, mr brooks, just to clarify, when we are talking about the next step from the report, i was referring to something like the city plan. >> right. >> i just want to clarify that we are not talking about another report, i was just using that as an umbrella term. i think when we do look forward we'll be talking about something like the city plan. >> i am a messaging and framing guy from a long time ago, as a grassroots organizer. i want us to start using the word plan. it will be great if you guys could do

it's still a lot of chant dsto propertyrent-fr back their feet utilities. while escaping that fire has named her baby after the paramedic who came to her rescue. on november 8th, the mother was stranded in a parking lot when ems worker nicki hubber stepped in to help. she says huwer helped her stay calm. she made it out safely, and doctors managed to stop her early labor in time. she just gave birth to a healthy full-term baby girl. guess what? her middle name is mickey. >> nice. >>> around the bay area, we have partly cloudy skies, and we have some showers on the way for the north bay. a little bit of light rain tonight. could spread down the coast side of the peninsula as the night wears only. tomorrow we will dry out, though. highs today, we managed to get a little chilly saturday. numbers in the mid-50s to low 60s. and right now, as we hook toward the old part of the bay bridge, the new part, that back-to-back suspension span and what used to be the deck structure. now a freeway on stilts for the most part except for sa 55. astal fld advisory tomor from

as the application and utilization of that traditional knowledge so it varies from people to people and i think that it it's up to that person the individual and the tribal community that utilizes it so that the says you want now you've given us the acronyms to give us an example well t.k. and t.k. traditional knowledge and trishul ecological knowledge would be primarily the terms that i use for me to americans have used indigenous knowledge because indigenous can mean you know people better is indigenous over a long period of time or any span of time in their place they know that place very very definitively over say four or five generations there is another term that noah uses that is called local ecological knowledge or ellie and that is separate and many people don't understand that l e k is quite different from t.k. or t k i mean i mean i couldn't simply i'm going to i did we are not going to let that consider that just for a moment because what i want to do was to take us into this different world view that we're seeing so if we look at indigenous science for instance jonathan an

there are great utilities outer with great dividends. helping to offset theshort-term volatility on the equity side. >> real estate, we have a slowing of theousing market here. but yet real estate investment trusts have one wellstill. and see a good place for income still? what do you think for 2019? >> yeah the reits can be a great place if you don't need liquidity. paying off nice dividends. if you look for short-term investment in residential real estalo i think thatng we are seeing could turn to negative next year and cause sproblems. hore a great thing to buy if you buy erlong but short-hon term i'd say away from zrepgs real estate. >> cash plenty of money managers have been saying because of the volatility, the declines we have seen in the market maybe cash is whmore attractive investment vehicle. do with the cash where do you stash it in the meantime. >> it's about havg the plan and what stage you are in the investment planning, close to retirement i retirement. but we are seeing rising rates in mutual funds.ar moneyt mutual funds

one of the largest gas and electric utilities. faces $15 billion already in liability for the 2017 wine country fires and could face much, much more for this year. pg&e says it's already implemented new and enhanced safety measures including upgrading efforts. conducting accelerated safety inspections and in some cases turning off the electric power when extreme conditions are forecast. all this happening against the stark background in california as california, the state, the utility companies including pg&e all looking at a future of increased activity as the west becomes hotter and drier. >>> if there's skepticism among critics to this year's response to wildfires, cnn correspondent shows us why you only need to take a closer look back at last year. >> this area was my studio with big windows. >> reporter: this is all norma has left of the home she lived in for 30 years. a reminder of the day her physical world turned to ashes. >> fire was behind us. >> reporter: shay had fithey ha minutes to escape the atlas fire. when they re

welcome to the san francisco public utilities commission. it is december 11, 1:30 in the afternoon. madam secretary, will you please read the roll. [roll call] >> clerk: we have a quorum. >> with respect to public comment today, it's not really something i like to do, limit public comment. normally, folks come from the public, they expect to have three minutes. some people come with prepared remarks, so i'm not just reluctant, but i'm unwilling to shorten that time. however, please be warned that it will be a hard stop at three minutes. kindly refrain from repeating things that the commission has already heard but will go forward with normal public comment. the microphone will be shut off at exactly three minutes. fair? okay. thank you. approval of the meeting minutes of november 13, 2018. commissioners. >> so moved. >> second. >> so moved and seconded. is there any discussion? public comment on minutes? hearing none, public comment is closed. all those in favor? [voting] >> opposed. the ayes have it. madam secretary, next item. [agenda item read] >> i have two speaker cards already

i'm with the san francisco public utilities commission. the item is to authorize the expansion of the fupucs commercial paper program from its existing $90 million amount to $250 million. if i may, i have a brief presentation for you. >> supervisor: yes, please. >> this focuses on the debt funding effort to date. i'll focus more on the lower bullet points the lower half of the slide. it's most salient to the item before you today. so as part of the debt funding effort in december 2015, the enterprise authorized a $90 million commercial paper program the board authorized at the time. fast forwarding to this year, february 2018, the p.u.c. adopted a 10-year capital plan in the amount of $371 million. finally, this year also in june of 2018, the voters approved proposition a. it can issue revenue bonds and commercial paper or other forms of indebtedness to quote, unquote, reconstruct, expand, repair, or expand facilities. so today we're seeking an increase from the $90 million up to $250 million. this increase supports the larger power capita