PG&E defends backing Proposition 16

Tuesday, June 1, 2010 - 05:00 in Mathematics & Economics

The utility based in San Francisco says requiring a two-thirds vote to approve a municipal power service is fair. It would also make it easier for the company to defeat such public competition. The state's largest electric utility — Pacific Gas & Electric Co. — says it has lots of good reasons for bankrolling Proposition 16, an initiative on the June 8 ballot...

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