Bullshit. PG&E redirected around $100 million from their safety budget and spent it on corporate bonuses instead. While hopefully not part of their safety budget, PG&E spends about $400 million annually on stock buybacks. PG&E has plenty of money to prevent this bullshit but is more concerned with executive compensation.

I mean, for fucks sake, Caltrans had to threaten to shut down the Hwy 1 and Hwy 24 tunnels before PG&E thought about bringing in generators (not even leaving enough time to install them before the power was cut).

Regulatory capture is a thing that happens and is a problem, but this seems to be a case of bad regulation, not regulatory capture.

Who lobbied for the regulations? Hint: PG&E.

This is not true. PG&E have been returning phenominal divideds. They have chosen to prefer to dump their asset management budget into dividends.