As I theorized a couple of days ago: The new democratic socialist wing of the party (that is now emboldend and in charge) will not allow the "old dems" to regain power or control.
Sorry anon, I've NO fucks for this.
It is about the money. However in this instance it is more about the push to a socialist government a la western Europe. the new dems do not see the old guard as being strong enough to reach the goal line. Time for the new blood and Soros' money with UN backing to advance the plan.
PG&E did just declare Bankruptcy
https://www.greentechmedia.com/articles/read/pge-files-for-bankruptcy-protection-facing-billions-in-wildfire-liabilities