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MarketScreener Homepage  >  Equities  >  Nyse  >  PG&E Corporation    PCG

PG&E CORPORATION

(PCG)
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PG&E : Point Reyes issues draft EIS

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08/14/2019 | 09:51am EDT

The National Park Service (NPS) is seeking public review and comment on the Draft Environmental Impact Statement (EIS) for the General Management Plan Amendment addressing all lands currently under agricultural lease/permit within Point Reyes National Seashore and the north district of Golden Gate National Recreation Area.

The draft EIS is available for a 45-day public review and comment period under the National Environmental Policy Act. This comment period will also satisfy the public involvement requirement under the National Historic Preservation Act. The draft EIS analyzes six alternatives from 20-year agricultural lease/permits with diversification and increased operational flexibility, to reduced ranching, no dairy ranching, and no ranching alternatives. This plan also addresses long term tule elk management in the agricultural lease/permit areas of the park.

The NPS preferred alternative allows existing ranch families to continue beef and dairy operations with 20-year lease/permits. Tule elk in the Drakes Beach area would be managed at a population threshold that is also compatible with authorized ranching. The NPS would implement a subzoning framework that protects park resources, maintains ranching, and allows opportunities for operational flexibility and diversification. The preferred alternative also identifies opportunities to improve the visitor experience and a framework for managing visitor capacity. The preferred al ternative supports NPS's ability to maintain historic resources and cultural landscapes that are integral to the Point Reyes Peninsula Dairy Ranches Historic District and Olema Valley Dairy Ranches Historic District.

The 45-day public review and comment period closes on Sept. 23, 2019. During the comment period, the NPS will host two public meetings at the following locations:

· Tuesday, Aug. 27, 5-7 p.m., West Marin School Gym, Point Reyes Station.

· Wednesday, Aug. 28, 5-7 p.m., Bay Model Visitor Center, Sausalito, CA

Comments may be submitted online at https://park-planning.nps.gov/poregmpa, or by mailing or hand delivering comments to: GMP Amendment c/o Superintendent, Point Reyes National Seashore, 1 Bear Valley Road, Point Reyes Station, CA 94956 or at one of the public meetings.

Bocce ball

The Marin Bocce Federation will celebrate its Silver Anniversary on Aug. 18 from noon to 4 p.m. at the bocce courts at 550 B Street in San Rafael. Food and drink, music and games will take place to celebrate the event. For more information on the event, please contact the federation at 415-485-5583.

Power shutoff

PG&E'sWildfire Safety Operations Center has undergone recent upgrades to help the power company decide when to shut off power in the event of a wildfire risk. Last week, the public utility let the media tour the facility at 77 Beale Street. PG&E has said it would start its public safety power shutoff program earlier this year during windy and dry weather conditions. The utility has faced intense scrutiny for its role in sparking devastating wildfires in Northern California in 2017.

Creek cleanup

Discarded vehicles, home appliances, household furniture and more than 100 tires will be removed from an unnamed tributary of Stemple Creek in west Marin County next week.

The Marin Resource Conservation District and Marin County Stormwater Pollution Prevention Program are leading the way to clean the 1,584-foot-long stretch of the tributary this week. The site was found to be a significant illegal dump in west Marin, and it will be stabilized and restored after the cleanup.

The Marin Resource Conservation District secured a $40,000 state grant from CalRecycle's Farm and Ranch Solid Waste Cleanup and Abatement Grant Program to help pay for the cleanup.

"Dumping material off the side of the road, often into our local creeks, has terrible ecological consequences and seriously impacts Marin's natural beauty for future generations," said Rob Car-son, administrator of the Marin County Stormwater Pollution Prevention Program in the Department of Public Works.

Winter Wonderland

The owners of the Strawberry Village shopping center are set to transform it into a winter wonderland on Saturday, Aug. 24 (10 a.m.-1 p.m.) as the outdoor mall hosts an End of Summer Snow Party to benefit Kiddo!. The event takes place in the Strawberry Village Piazza and includes a 20 x 60 Snow Zone, live music, a photo booth, face painting, a caricature artist, balloon twisting, bubbles and more. Kiddo! supports programs and teachers in the arts, elementary physical education, classroom and library aides, technology and innovative teaching grants from transitional kindergarten through 8th grade in the Mill Valley School District. Tickets are $10.

Man identified

The San Francisco medical examiner's office has identified a man found dead near Treasure Island Saturday as Martin Kaplan, 81, of San Rafael.

Kaplan was last seen at his home Thursday afternoon, and his vehicle and clothing were found near Loch Lomond Marina Thursday night, Marin County sheriff's officials said.

The circumstances surrounding Kaplan's death are still under investigation, and anyone who may have seen him before he went missing is asked to call the sheriff's office's investigation division at (415) 499-7265.

Flag Raising

City flags in San Rafael are flying at full-staff again Monday. During a City Council meeting on Aug. 5, Mayor Gary Phillips ordered the city's flags lowered to half-staff until Congress takes meaningful action to protect American cities from gun violence. On Friday, he di rected the flags be returned to full-staff on Monday. "We have received overwhelming support from the community regarding my directive to lower the City's flags to half-staff," Phillips said in a written statement on the city's website. "While there were some who were not in favor, the vast majority expressed their appreciation for what was done," Phillips said.

Trump lawsuit

Sen. Mike McGuire, issued the following statement in response to President Trump filing a lawsuit against the State of California requiring him to release his tax returns to get on the California ballot.

"Releasing of tax returns has never been a big deal, up until now. All Presidents have done it for 40 years. It comes as no surprise that President Trump would freak out at the prospect of presidential transparency and accountability, but he will need to get used to it. Welcome to the rule of law, Mr. President," Sen. McGuire said in a written press release.

© Copyright © 2019 Novato Advance, Marinscope Community Newspapers. All rights reserved., source Newspapers

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Financials (USD)
Sales 2019 17 809 M
EBIT 2019 3 437 M
Net income 2019 -2 230 M
Debt 2019 24 406 M
Yield 2019 -
P/E ratio 2019 -2,87x
P/E ratio 2020 5,36x
EV / Sales2019 1,69x
EV / Sales2020 2,04x
Capitalization 5 647 M
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Last Close Price 10,67  $
Spread / Highest target 134%
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John R. Simon Chief Executive Officer
Richard C. Kelly Independent Non-Executive Chairman
Jason P. Wells Chief Financial Officer & Senior Vice President
Richard A. Meserve Independent Director
Barbara L. Rambo Independent Director
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