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SACRAMENTO, Calif. (AP) — Pacific Gas & Electric's key lenders on Tuesday offered a billion plan to pull the utility out of bankruptcy and give the tarnished company a new name.The proposal filed in U.S. Bankruptcy Court would set aside up to billion of that billion to pay claims on the 2017 and 2018 wildfires caused by PG&E equipment, the Sacramento Bee reported.The plan offered by PG&E's leading bondholders would compete with an alternative that the newspaper says is being drafted by PG&E. Normally the company in bankruptcy has first crack at proposing an exit plan, but the bondholders said in a court filing that they filed their plan because PG&E has "wasted crucial time needlessly."The bondholders also want to rebrand PG&E as Golden State Power Light & Gas Company.Asked about the bondholders' plan, the utility said in a statement that it was considering all options as it navigates the bankruptcy process.The new proposal came four days after Gov. Gavin Newsom, a Democrat, floated the idea of a billion package to deal with the costs of future wildfires, paid for by ratepayers and shareholders of PG&E and the other two big electric utilities in California.Newsom's plan does not offer any cash for PG&E's existing liabilities but would revise state law to give utilities more certainty about recovering costs from ratepayers — enough stability that Newsom believes will allow PG&E to borrow the money it needs to pay existing claims, according to the Bee.The bondholders include some of the biggest investors on Wall Street, including Elliott Management, Pimco and Apollo Global Management. They have been quietly promoting a PG&E restructuring plan for weeks in conversations with legislators, Newsom's aides and others. Tuesday's court filing marks the first time they have taken the proposal public."Substantial new capital must be infused into the company," the bondholders said in their court filing.The governor's office had no immediate comment on the bondholders' proposal.Like Newsom's plan, the proposal is "ratepayer neutral" — meaning, customer rates would not go up to pay the costs of getting PG&E out of bankruptcy.But ratepayers would pay: The plan calls for a .50 monthly charge, a feature of PG&E bills since the 2001 energy crisis, to be extended for several years to help raise dollars for a wildfire insurance fund proposed by Newsom last week. That fund would help pay claims for future fires.___Information from: The Sacramento Bee, http://www.sacbee.com 2574

Roberta McCain, the mother of late Sen. John McCain, has died at the remarkable age of 108.Cindy McCain, the senator’s widow, announced her mother-in-law’s passing on Twitter on Monday.“I couldn’t have asked for a better role model or a better friend,” she wrote. “She joins her husband Jack, her son John and daughter Sandy.”The family celebrated the matriarch’s 108th birthday in February. “The View” co-host Meghan McCain, who has often spoken highly of her grandmother on the talk show, expressed how grateful she was for her on Twitter.Happy 108th Birthday to my nana Roberta. You are our matriarch. Completely ageless, classic, lovely, strong, smart, sarcastic, irreverent and all things I love in this world. We are so grateful for you. pic.twitter.com/qvLAAIvsf8— Meghan McCain (@MeghanMcCain) February 7, 2020 As Sen. McCain ran for president in 2008, his mother joined him and other family members on the campaign trail, despite her advanced age.In a 2005 book, the senator wrote proudly and lovingly of his mother: 1033

SACRAMENTO, Calif. (AP) — A group of Democratic California lawmakers called Monday for the state to invest 0 billion to drastically reduce its carbon emissions and reliance on fossil fuels by 2030.A resolution proposed by Democratic Sen. Henry Stern would set the non-binding goal and also declare a climate emergency, citing recent devastating wildfires and the impacts of air pollution on child asthma. It comes as Democrats in Congress advocate for the passage of the Green New Deal, a massive investment in rebuilding the nation's infrastructure and workforce to fight climate change."We have to live in California, hopefully for the rest of our lives, and hopefully in a way that doesn't burn down our homes, that doesn't make our kids sick (and) allows us to get to work without losing our minds in traffic," Stern said on the steps of the state Capitol with students from eight different University of California schools behind him.The 0 billion would be spent over 12 years and come from existing pots of money, including the state's carbon emissions auction program and a gas tax increase to fund transportation projects. The resolution would say all of that money should be spent toward projects that reduce, sequester or remove greenhouse gas emissions.While Stern's resolution would not be binding, Democratic state Assemblyman Todd Gloria has introduced legislation to eliminate greenhouse gas emissions by 2030. The state's current goal is eliminating fossil fuel use for electricity by 2045 and to achieve carbon neutrality by that year, meaning the state takes as much carbon out of the atmosphere as it puts in.The goals are aggressive and ambitious even for California, a state viewed as a global leader on confronting climate change. The 2045 clean energy goal passed the 80-member state Assembly last year by just four votes, with some Democrats voting against it.Gloria's proposal would require an "immediate phase out of fossil fuels.""The emergency facing our state, our nation, our world is climate change, and don't let anybody tell you anything different," Gloria said.Stern's proposal, meanwhile, would call for the elimination of fossil fuels in the energy sector by 2030. He does not propose eliminating fossil fuel use in transportation, but drastically diminishing it. 2313

Russian hackers are at it again. They’re already targeting this year’s midterm elections.“One, to try to infiltrate our election infrastructure, and second, to try to infiltrate our minds with misinformation,” says David Becker, executive director and founder of The Center for Election Innovation & Research, of the Russian meddling.In 2016, Russian hackers targeted voting systems in at least 21 states, according to Homeland Security officials. While no votes were changed, states are now trying to prepare for what could happen this year.“States are going to need the federal government to step up, because states can’t defend against a nation state as big as Russia,” says Becker.Congress approved 0 million in election security funding for states. Becker said the money will go toward things like new voting machines that are more secure, updating computer software to protect voter information and hiring and training staff on cyber threats. House and Senate Republicans blocked millions in additional funding to bolster election security efforts, saying it’s too soon to allocate additional money and want to see how states use the 0 million already given out. While state and local governments are working to protect our elections, Becker said voters can also do something to help out.“Register to vote; check your registration and then go vote – earlier by mail if possible,” Becker says. “If there has been some kind of incident, if the Russian’s have infiltrated a voter list for instance, we will discover that early thanks to people voting and when we discover it early we can fix it early and make sure it has no impact on the election.” 1690

Robert Trump, President Donald Trump’s younger brother, has died, the White House confirmed late Saturday. The cause of his death was not immediately known.President Trump visited his brother at a New York City hospital on Friday, one day before his brother’s passing.President Trump issued a brief statement following his brother’s passing:“It is with heavy heart I share that my wonderful brother, Robert, peacefully passed away tonight. He was not just my brother, he was my best friend. He will be greatly missed, but we will meet again. His memory will live on in my heart forever. Robert, I love you. Rest in peace.”On Friday, the president addressed his brother's condition before heading to New York City. "I have a wonderful brother," Trump said on Friday. "We've had a great relationship for a long time, from day one, so long time ago. And he’s in the hospital right now. Hopefully he’ll be alright, but he’s – he’s pretty – he’s having a hard time."Robert Trump, who also was a prominent member of the Trump Organization, was one of President Trump's four siblings. Robert Trump was preceded in death by their oldest brother Fred Trump Jr, who died in 1981. The president has two surviving sisters, Maryanne Trump Barry and Elizabeth Trump Grau.Joe Biden, Trump's opponent in this year's election, released a statement early Sunday following the announcement. "Mr. President, Jill and I are sad to learn of your younger brother Robert’s passing," Biden said. "I know the tremendous pain of losing a loved one — and I know how important family is in moments like these. I hope you know that our prayers are with you all." 1640