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California governor rejects PG&E bankruptcy plan

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California Gov. Gavin Newson rejected Pacific Gas and Electric's bankruptcy reorganization plan.

Newsom called the $13.5 billion settlement the utility company reached with wildfire victims "woefully short." He said proposed changes do not "provide safe, reliable and affordable services to its customers."

PG&E filed for bankruptcy in Janaury over liabilities related to California wildfires in 2017 and 2018.

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