California utilities regulators would have the option of letting power companies charge their customers for some of the costs of lawsuits stemming from disastrous 2017 wildfires under legislation that will go before the Assembly and Senate this week. After weeks …
California lawmakers outlined a proposal to help PG&E Corp. and other utilities cope with billions of dollars of potential damages from deadly wildfires that ravaged the state last year. SANTA ROSA, CA, Coffey Park in Santa Rosa, California, where wildfires …
California lawmakers are abandoning a proposal by Gov. Jerry Brown to shield electrical utilities from some financial liability for wildfires. For now. There’s not enough time to settle the contentious and complex issues involved before the legislative session ends Aug. …
It was California’s biggest fire yet. In late July and August, wildfires devastated an area north of San Francisco far bigger than New York City, destroying more than 100 homes and injuring 2 fire fighters. It’s just one in a …
California Governor Jerry Brown issued a plan this week to help the state’s embattled utilities facing liabilities from wildfires. For PG&E Corp., it’s not good enough. “It’s insufficient,” PG&E Chief Executive Officer Geisha Williams said Thursday on the company’s second-quarter …
California utility giants PG&E Corp. and Edison International are one step closer to changing a state law that has exposed them to billions of dollars in wildfire liabilities. Late Tuesday, California Governor Jerry Brown proposed a bill that would require …
Shares of California utility owners PG&E Corp., Edison International and Sempra Energy climbed after Governor Jerry Brown indicated that utilities shouldn’t be responsible for future wildfire damages without considering whether they acted “reasonably.” The proposal wouldn’t affect the billions of …
As blame for California’s wildfires rises over Sacramento like smoke from last year’s blazes, the state is being forced to confront the possibility that it’ll happen again in 2018. California’s drought is worsening, and blazes have charred more acres in …
Victims of California’s deadliest wildfires joined politicians on Wednesday to urge state lawmakers to stop trying to overhaul laws that hold utility companies accountable for blazes. Gathering in Santa Rosa in front of an empty lot where Brad Sherwood’s home …
Utility giants PG&E Corp. and Edison International are facing billions of dollars in potential liabilities from devastating wildfires that broke out across California last year. For a look at how much they could end up on the hook for in …