CFP Could Have No Conference Champions

So far, we have a Utah team with a PAC 12 championship who likely has no chance to make the CFP with 3 losses. While not at all likely, losses for Georgia, Michigan, TCU and Clemson would make a CFP field with 0 conference championships. The field would likely consist of:

12-1 Georgia 12-1 Michigan 12-1 TCU 11-1 Ohio St

The power 5 conference champions in the scenario would be: 10-3 Utah 10-3 Kansas St 10-3 LSU 10-3 UNC 9-4 Purdue