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PUC President Peevey makes the right call, will step down
PUC President Peevey makes the right call, will step down

California Public Utilities President Michael Peevey, under investigation for his cozy relationship with the companies he regulates, announced Thursday that he would step down at the end of the year. That's the right call. Peevey's announcement came after a trove of emails were released detailing some of his private conversations with utility company executives. Of all the revelations, one of the most disturbing was that Peevey apparently solicited large donations from the very companies that must come before him in his official capacity at the commission. In one case, the emails indicate, Peevey asked Pacific Gas and Electric Co. to give $1 million to oppose a ballot...

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