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"State officials have determined that electrical equipment owned by PG&E, including power lines and poles, was responsible for at least 17 of 21 major fires in Northern California last fall. In eight of those cases, they referred the findings to prosecutors over possible violations of state law.
Citigroup estimates that PG&E’s exposure to liability for those fires is $15 billion — and that it could face another $15 billion in claims if it is found responsible for the Camp Fire, a number that could rise because the fire is only a third contained."
Holy cow.
I wonder whether they'll ask for a government bailout?
"State officials have determined that electrical equipment owned by PG&E, including power lines and poles, was responsible for at least 17 of 21 major fires in Northern California last fall. In eight of those cases, they referred the findings to prosecutors over possible violations of state law.
Citigroup estimates that PG&E’s exposure to liability for those fires is $15 billion — and that it could face another $15 billion in claims if it is found responsible for the Camp Fire, a number that could rise because the fire is only a third contained."
Holy cow.
I wonder whether they'll ask for a government bailout?
I head there was an effort to put all these power lines underground and Gov "Moonbeam" Brown fought against it and he won.
I wonder whether they'll ask for charges AGAINST Moonbeam for "dereliction of duty" and the state will have to PAY for ALL the damage done, not to mention the deaths.
typical Leftist ploy. Blame others. It's the CA gov's fault 100%. They let the enviro wackos run the state and keep them from managing the forests that ultimately kills people in the end.
So does the government there. If the government did proper maintenance thousands of homes and many lives could have been saved each and every time this happens. Stop trying to pass blame onto others when it's the government's fault in the end.
There is only so much you can do.
You can't get rid of everything like dry grass etc.
They just passed a law to move a bunch of lines underground. No doubt this will be opposed with lawsuits, environmental impact studies etc. further delaying implementation.
Amazing, global warming, California fires etc. have been around for decades and well all of the sudden "hey we should do something about it". ..but first, let's quick blame find someone else to blame for our poor management.
"State officials have determined that electrical equipment owned by PG&E, including power lines and poles, was responsible for at least 17 of 21 major fires in Northern California last fall. In eight of those cases, they referred the findings to prosecutors over possible violations of state law.
Citigroup estimates that PG&E’s exposure to liability for those fires is $15 billion — and that it could face another $15 billion in claims if it is found responsible for the Camp Fire, a number that could rise because the fire is only a third contained."
Holy cow.
I wonder whether they'll ask for a government bailout?
30 billion!
Ya! let's get them! Guess who really pays in the end?
The consumer, who has their energy cost rise to pay for it.
Emotions make people stupid.
Utilitys are supposed to maintain a vegetation control program..PG&E does a horsesheit job regardless of what the policy says.....
In Treehugger Country?
They fought and forced the end to that, because it was damaging nature.
They have a 10 year study, to cut a tree down and another 5 year study, to thin the under brush.
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