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California’s largest utility, PG&E, has seen its fair share of woes in recent years. Not only did its transmission lines spark the deadly Camp Fire but this past January it filed for bankruptcy as a result of its mounting legal claims. This bankruptcy has sparked questions about the future of utilities and if more localized […]
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On Friday, California Governor Gavin Newsom signed a bill that would change the way the state pays for fire damages caused by utilities. As Reuters explained, Credit rating agency, S&P previously warned it could lower its ratings on the state’s two other major investor-owned power providers, Edison International’s Southern California Edison and Sempra Energy’s San […]
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Bloomberg News reported yesterday that California’s largest utility, PG&E, has a plan to cut off power on high-wind days during the onrushing wildfire season because it the main cause of wildfires last year was power lines that were knocked down by high winds and the sparks from the live wires. And most residents don’t know and/or are not ready for the debilitating impacts. Governor Newsome is so concerned about the impacts of the blackouts that he has created a fund to help communities prepare.
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It’s been a long road for Pacific Gas and Electric, after facing possible murder charges for its role in California’s recent wildfires as well as lawsuits from survivors, the utility has filed for Chapter 11 bankruptcy. As PV Magazine explained, the filing is a financial move that allows PG&E to reorganize its debts, and does not involve […]
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After state officials revealed that California’s largest utility, Pacific Gas & Electric, had caused some of California’s wildfires in the last two years due to downed power lines, a flurry of legal action has arisen to hold PG&E accountable.
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