Gavin Newsom: “I'm done with CEOs of utilities getting bonuses when they're…”

“You cannot insure an environment of such extremes. Another reason we're investing in low carbon green growth and electric vehicles. But we've got to work all that out. I'm done with CEOs of utilities getting bonuses when they're found liable and culpable for major fires. I think shareholders should have some skin in the game to force CEOs and executives to make the kind of investments that they need well beyond 1054 of which we statutorily require investments for undergrounding and other safety measures.” (27:35–27:45)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.