catastrophic wildfire fund News

If PG&E Wants Newsom’s Fire Aid, Here’s What It Has to Do

It’s no secret that California Governor Gavin Newsom wants to create a fund that the state’s electric utilities can tap to cover the costs of catastrophic wildfires. Now, the utilities know what he wants in return. Based on a proposal …

Washington State Considers Raising Insurance Tax to Help Fight Wildfires

With an increasing number of forest fires scorching portions of Washington each year, the Legislature is considering a proposal to create a fund dedicated to preventing and battling wildfires. In March, Commissioner of Public Lands Hilary Franz and state Senate …

PG&E Caps Best Day Since Going Bankrupt on a California Fire Fix

Utility giant PG&E Corp. capped its best day since going bankrupt in January thanks to California’s governor. Gavin Newsom called on lawmakers on Friday to find a way to help the state’s utilities cover the costs of devastating wildfires — …