Wednesday, December 30, 2015
The Peevey Scandal is About to Have Another Season
A state criminal investigation into the California Public Utilities Commission centers on former President Michael Peevey's persistent intervention into the process to assign costs for the failure of the San Onofre nuclear power plant, newly released court documents show. Specifically, Peevey pushed the idea of plant owner Southern California Edison funding $25 million of greenhouse gas research at UCLA as part of the $4.7-billion settlement deal. The power plant on San Diego County's north coast closed following a radiation leak in January 2012. A deal assigning 70% of the premature closure costs to utility customers has since been repudiated by two of the consumer groups that negotiated it, amid revelations about undisclosed private meetings, known as "ex parte" meetings, between regulators and utility executives. A sworn affidavit by an investigator for California Atty. Gen. Kamala Harris, unsealed last month, lays out the developing criminal case in detail for the first time. The 18-page document says improper meetings were held, which might bring misdemeanor charges, but that a conspiracy to commit those misdemeanors could be considered a felony...
Full story at http://www.latimes.com/business/la-fi-watchdog-peevey-20151230-story.html