In all the conversation about PG&E's looming bankruptcy, I feel like Californians grossly underestimate the costs of adapting our energy grid to climate change/wildfire. It's $4-5M/mile to underground lines, $5K/stump to remove hazardous trees. PG&E did 451K of them after 2016.
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Either way this shakes out, it's going to be on us. Btw, PG&E has 125,000 miles of lines. Between 2013 and 2017, 16,000 sections of them fell. https://www.wsj.com/articles/pg-e-sparked-at-least-1-500-california-fires-now-the-utility-faces-collapse-11547410768 …
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Replying to @kimmaicutler
Yes but what if the real problem is that PG&E linemen are featherbedding the shit out of the work and those costs can collapse 10x under new management?
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For the tree removal part, you can get quotes from lots of different contractors that have no affiliation with PG&E whatsoever, so I think those costs are accurate. PG&E hasn't even really been undergrounding anything for awhile, so who knows for the second?
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