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PG&E faces record fine of $2.1 billion for role in wildfires
California regulators increased penalties against PG&E Corp. to $2.1 billion for violations tied to the catastrophic wildfires ignited by the company’s power lines in 2017 and 2018......»»
California lawmaker introduces bill to make PG&E a publicly owned utility
A California lawmaker has introduced a bill aimed at making PG&E Corp a publicly owned utility, a year after liabilities from wildfires traced back to some of its equipment pushed the power producer into bankruptcy......»»
PG&E nearing $13.5 billion deal with wildfire victims -Bloomberg
Bankrupt California power producer PG&E Corp is close to finalizing terms for a $13.5 billion payout to victims of wildfires triggered by its power lines, Bloomberg reported on Wednesday, citing people familiar with the matter......»»
PG&E"s Stock Soars On Report Company Nears Wildfire Settlement
PG&E Corporation (NYSE: PCG) stock jumped more than 20% Wednesday after a report the utility is nearing a settlement with victims of California wildfires started by its power lines. 0 read more.....»»
PG&E nearing $13.5 billion deal with wildfire victims - Bloomberg
Bankrupt California power producer PG&E Corp is close to finalizing terms for a $13.5 billion payout to victims of wildfires ignited by its power lines, Bloomberg reported on Wednesday, citing people familiar with the matter......»»
PG&E nearing $13.5 billion deal with wildfire victims - BBG
Bankrupt California power producer PG&E Corp is close to finalizing terms for a $13.5 billion payout to victims of wildfires ignited by its power lines, Bloomberg reported on Wednesday, citing people familiar with the matter......»»
Mass timber’s growth moment in California
California has a tree problem, and proponents of mass timber think they have a solution. As the state races to address a string of devastating wildfires fueled by overgrown forests and trees colliding with power lines, those with an interest in wo.....»»
Over 1,500 California fires in the last 6 years — including the deadliest ever — were caused by one company: PG&E. Here’s what it could have done, but didn’t.
Noah Berger/AP Pacific Gas & Electric Co. (PG&E) power lines have caused over 1,500 California wildfires in the last six years, including the deadliest blaze in the state's history. Many critics, including California.....»»
California utility PG&E"s stock tumbles as wildfire spreads
Shares of bankrupt California power utility PG&E Corp extended losses on Monday as investors worried that its equipment might be responsible for wildfires spreading in northern California......»»
Underground power lines touted as solution to California wildfires, but they come with a steep price tag
Underground power lines can costs millions of dollars per mile......»»
Why California Fire Threat Cuts Lights for Millions
Once again, the dry winds that sweep across California each Autumn are stoking fears that utility power lines will topple and spark wildfires. After two years of devastating blazes, the state’s biggest utility, PG&E Corp., is preemptively cut.....»»
California"s PG&E cuts power to more than 1M residents to prevent wildfires
The utility plans to shut off power in parts of 34 northern, central and coastal California counties to reduce the chance of fierce winds knocking down or toppling trees into power lines during a siege of hot, dry, gusty weather......»»
California wildfire plan shows how we can adapt to threat of natural disasters
Last month, the California legislature passed a proposal to reduce the risk that utility power lines will spark wildfires and to socialize the cost of compensating victims when those measures fail......»»
California wildfire plan shows how we can adapt to threat of natural disasters
Last month, the California legislature passed a proposal to reduce the risk that utility power lines will spark wildfires and to socialize the cost of compensating victims when those measures fail......»»
PG&E faces new probation terms aimed at cutting California wildfire risk
A U.S. judge on Tuesday imposed new criminal probation terms on PG&E Corp aimed at reducing the risk that the bankrupt power producer’s equipment will spark more destructive wildfires in wooded areas of California......»»
The 12 deadly California wildfires last fall were reportedly caused by downed power lines
REUTERS/Gene Blevins The 12 Northern California wildfires last fall, including two that killed a total of 15 people, were caused by downed power lines. A government.....»»
PG&E shares fall as California links utility company to wildfires
State officials said the fires in question “were caused by electric power and distribution lines, conductors and the failure of power polls.â€.....»»
What’s Causing California’s Annual Wildfires
For the second year in a row, wildfires in California have killed dozens of people, forced thousands from their homes and caused billions of dollars in property damage. And once again, investigators are eying power lines owned by the state’.....»»
The Wall Street Journal: PG&E says equipment malfunctioned right before deadliest California wildfire started
Electrical power equipment owned by California’s largest utility company appeared to have malfunctioned in an area where the state’s deadliest wildfire started last week, according to a PG&E Corp. securities filing......»»
California"s PG&E roiled as regulator raises breakup threat
After years of wildfires linked to power lines, a deadly explosion and accusations of falsified safety records, California utility owner PG&E Corp. is facing a deterioration of trust among state leaders......»»