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Dive Brief:
California regulators have drafted a proposal that, if approved, would initiate an enhanced oversight and enforcement process against Pacific Gas & Electric (PG&E) due to problems with the utility s wildfire prevention work last year.
The process, which was adopted as a condition of PG&E s bankruptcy exit, is based on six steps triggered by certain events and could potentially lead to the commission reviewing  and possibly revoking  PG&E s operational certification down the road, although regulators have noted that it hopefully will never reach that point.
PG&E Corp CEO Patricia Patti Poppe addressed the possibility of this oversight process during the company s earnings call Thursday morning, before the proposal was released. [F]rankly, we welcome it  I don t see that as a bad thing, she said, adding that PG&E has confidence in its wildfire mitigation plan. ....

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