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PG&E Statement on Approval of Cap-and-Trade Legislation

07/18/2017

SAN FRANCISCO--(BUSINESS WIRE)-- Pacific Gas and Electric Company (PG&E) issued the following statement on the California legislature approving a comprehensive bill package that extends the Cap-and-Trade program through 2030.

“PG&E applauds the leadership of the Governor and state legislature on addressing climate change. Approval of the joint Cap-and-Trade proposal puts achievement of the state's historic climate goals within striking distance. We believe this represents the right balance of taking a sustainable cost-effective approach to achieving greenhouse gas emissions reductions while providing strong consumer protections. California has left no question that it is embracing its leadership role and moving full speed ahead to decarbonize our state's economy and ensure that a clean energy future is accessible and affordable for everyone,” said Geisha Williams, CEO and President of PG&E Corporation.

About PG&E

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric energy companies in the United States. Based in San Francisco, with more than 20,000 employees, the company delivers some of the nation’s cleanest energy to nearly 16 million people in Northern and Central California. For more information, visit www.pge.com/ and pge.com/news.

Source: Pacific Gas and Electric Company

PG&E Corporation

Corporate Relations, 415-973-5930

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