we need to make sure we mitigate wildfire risk. so one of our strategies in our wildfire mitigation plan is to deenergize both lines when we have read flag warning days and high winds. how do we do that? we rely on the independent forecasts by noah. we have a process to monitor when the wind speeds exceed the thresholds. we use the same as pg&e uses. sustained winds 25 miles per hour or gusts up to 45 miles per hour. we used the information on how we will manage the lines. we monitor conditions in realtime. so the question is how did it go in october? well, we had three red flag warning events coupled with high winds. i know you all know this. you may have had your power cut off. from october 9 through 12 the forecasts did not exceed thresholds so we did not energize our lines. october 26 through 28. forecasted exceeded our thresholds. we will talk about that. for the last event on the 29th and 30 st.. the forecast is not to exceed our threshold. the event was in october 26 to 28. on the 26th we knew pg and e wrote de-energize some

plans ating facilities which they were supposed to have been doing and and wildfire mitigation plans which was supposed to have been implemented they're not doing those things appropriately which was supposed to have been implemented they're not doing those things appropriately they're keeping the money for and paying it to the investors who own the utility and that's what they're keeping the money for and get paid it to the investors who own the utility and that's why they are at the crosshairs of the litigation that we're involved in why they are at the crosshairs of the litigation that we're involved in is it's their responsibility clean up they didn't do it well p.g. emmy was already under severe it's their responsibility clean up they didn't do it well p.g. emmy was already under severe financial pressure for all these equipment failures and the blame for the destructive way or financial pressure for all these equipment failures and the blame for the destructive wildfires over 3 years now so this bankruptcy comes as no surprise fires over 3 years now so this bankruptcy comes as

heard that we would be hearing in the not-to-distant future about a need for more money for wildfire mitigation. we also -- and every time we do a capital project or a capital project, there are projects that we just can't get to with the available funds, and those are put out either beyond the ten years -- in some cases, if it's big money, there's not necessarily a plan for how we'll go and ever fund those things. and we've had some work and considerable testimony in front of the commission that challenges that hetchy has going forward in maintaining its assets and maintaining its market positions as well as the financial health of the entity. so i am concerned about the opportunity costs. i also -- you said that it was a -- a temporary cash management device. and i'm fine with that as long as it comes back to us at some time. if we're surrendering it forever, i need to be more clear on what those opportunity costs are. could you talk about how we get this money back? >> well, first of all, the way i look at it as an opportunity cost is right now, the current situation is not working. we can't

wildfire mitigation, regulatory response and operations for new facilities and assets coming online. these are just some of the areas that you will see come forward to you in the various budget proposals. on the capital side, a lot of work also has happened there. we have had three steering committee meetings specifically to talk about capital and providing guidance on project development strategy, and we've had also had a separate capital working group which is made up of enterprise, infrastructure and finance staff that have met five times over the past six-weeks to review existing project plans as well as to confirm any new project proposals as being appropriate. so the focus there is to look at our existing appropriation to make sure there's a plan on how to spend that and execute those projects before we request new. that's a greater focus with this planning cycle. and as with the operating side, our financial plan will inform the affordability as it relates to capital spending. in terms of the amerging capital budget themes for water, we of course have local and regional capita

thing about how do you mitigate wildfire danger when you have this dangerous electricity and the windis blowing at 80 miles per hour. they started on thatmore than 10 years ago. they are now the darling of the aregulato legislators. they worked out more sophisticated methods of dealing itwith that is pretty much reflected in the reception they are geaning in sacramento from the public utilits commission in san francisco. >> is ere something th could learn from? >> pe said many timethere trying to execute some of the same practices that -- has adopted. partly because they keep hearing and we keep hearing that sdg&e does a good job. the record does show that since the really started into the of progratargeted power shut off, they have started no large fires. >> what about compensation? can you give an update? >> it is a biof a mess. we don't know, there are competing plans before the bankruptcy court. the state and governor newsom are talking about a backup plan. it sounds like you might be edging hiward public owne solutions. it is a bit unclear. in the meantime, the deadline for peopl

>>it ismperative that we do more to mitigate wildfire risks and reduce the u of psps in the future. >>in response to the investigation. pg e says while we recognize that the scope of these events is unsustainable in the long term. it was th correct decision for safety. gen the large scale historic weather events. ensuing equipment dama that unfolded across our service area. in a separate action, the californiaublic utilities commission has ruled pg nima show cause why it should not be sanctioned for failingo properly communicate with its customers coordinate with local governments and communicate with critical facilities and public safety partners during the recent shut offs the cpu see says that resulted in a risk to public safety. pg knee responds well, we recognize there e areas of our safety shutoff operatns and communications that we must continue to improve for our customers we have made every effort to implement the cpu sees requirements in executing the public safety power shutoff events. now the cpc is not happywith pg e's violated and feel it has state regulations. >>the u

but, what they don't have is one single group that can address prevention and mitigation for wildfires voters will consider a partial tax on businesses of up to $.10 per square foot to fund the new marin prevention. the unified effort to address issues like taking homes more fire resistant, clearing vegetation along evacuation routes. and creating a new wildfire alert system. the tax could amount to hundreds of dollars per year for homeowners, and though the local taxpayers group supports the measure, they are not sure of its chances. >> i do not know if it is an automatic yes vote, that it will clear the two thirds hurdle. but, i believe it has a very good chance of doing so. >> reporter: the fact is almost support the idea, the public does seem to be experiencing some tax fatigue. >> it just never ends. there's always more and more and more. >> does add another tax to the pile. >> reporter: another issue is assurance, people living in a wooded neighborhood testing their insurance policies triple and cost or cancel altogether. the hopi with a coordinator prevention effort, companies w

regulates them, they cannot update their electric infrastructure, the simple way to fix or mitigate california wildfiresder ground, very above ground. louground. elizabeth: why didn't pg&e spend i think 50 billion do bury the power lines, how come everyone in california is not onboard with this? where is hollywood, where are democrats, and gavin newsom, get the power lines buried and stop with the green revelation and letting forest half of the forest there is a federal government, i am darn sure that president says, you know, cutback those trees. >> you know president telling him, you can do what you need to with respect to forest management, also with respect to vegetation. but it or not, he declared a national mink emergency, the prm is, they are too pc on one side with the environment, and other side with pg&e, they are too worried about having a little bit will boogeyman than fix problem. and pg&e is telling you, if you take us out of chapter 11 we could raise money to put wires under ground. lou: for elizabeth: fror frord ford, gre. >> lou dobbs is next on fox, network, have a good night. lou: goo

i mean there's a number of things that can be done to help mitigate the risk of wildfire throughout the world one thing is limiting development in areas where world powers occur. we have lots of expansion into the wild land in the forests and such so limiting development housing in these areas would be a good way to mitigate risk another way to mitigate part wildland fire risk is to remove the fuels especially around urban areas and the neighborhoods that are at risk another thing that's more important in what we've seen in the western u.s. is improving power utility infrastructure for example that could limit ignition by down power lines so improving the infrastructure of utilities is important. well i'll pass that went on to you because he mentioned several important things there what stuck out to us most important you know i think one of the things that's really important to understand in california is that we have just the right weather to have big fires in the autumn we have the strong you have sent ana winds we've had a long summer of drawing and then we have a lot of people who a

republicans have talked about forest management as a way to mitigate some of these wildfires, but we are seeing these fires consuming areas,, very populated areas, the san francisco bay area, los angeles, threatening major landmarks, including the ronald reagan library. are you prepared at this point to say that climate change is a big factor in these types of extreme weather events, including, as you are familiar with, hurricanes and flooding in the midwest, but also these wildfires ravaging the west coast? rep. johnson: it is heartbreaking what is happening in california right now. i was just out there this previous weekend and saw with my own two eyes. we were in the los angeles area and the smoke was so thick they were beginning to close down the 405, the major highway out there. it is a very serious thing. in some respects, you could look at the graphs and charts and say that some of these events are happening with greater frequency. is it attributed to climate change? i am not sure. scientists who are experts and no more than i do even have their own debates about that. we deal

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