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If you’ve been following the saga of the state’s largest utility over the last few months — or even the last couple of years — then Monday’s news that Pacific Gas and Electric plans to file for bankruptcy protection might’ve felt like a long-anticipated endpoint.

PG&E has faced mounting scrutiny over the role its equipment has played in sparking some of the state’s deadliest and most destructive blazes, which has, in turn, sent its finances plummeting.

As my colleague Ivan Penn recently reported, the company has spent millions lobbying lawmakers to shield it from having to bear the cost of the fires — in part by arguing that if they didn’t, PG&E could face exactly the situation it finds itself in now. The company has said it faced an estimated $30 billion liability for damages from 2017 and 2018 wildfires.

But as Ivan, along with our colleagues Thomas Fuller and Lisa Friedman, wrote: A bankruptcy filing, which is expected on Jan. 29, is more like a beginning.