Despite Bankruptcy Threat, PG&E Progressing with Diablo Shutdown
©2002-2019 Kenneth & gabrielle Adelman, California Costal Records Project, www.californiacoastline.org Though it’s threatened bankruptcy, PG&E says it will still decommission the plant. Utility Insists It Has the Necessary $3.2 Billion in Funds Thursday, January 24, 2019 Even in the throes of potential bankruptcy, Pacific Gas & Electric (PG&E) officials insist the funds needed to decommission Diablo Canyon Power Plant, the last nuclear plant in the state, will not be jeopardized.