California Wildfire ‘Bailout’ for PG&E, Edison Clears Hurdle July 10, 2019 By Mark Chediak and Jeffrey Taylor Utility giants PG&E Corp. and Edison International are one step closer to getting California’s help in covering the costs of...
Proposed California Wildfire Board Could Operate Partly in Secret July 1, 2019 By Andrew Oxford A closely watched wildfire law proposed by California Gov. Gavin Newsom would exempt a new safety board from some of...
PG&E in California Wants to Securitize Some Profits to Cover Wildfire Costs July 1, 2019 By Scott Deveau and Mark Chediak PG&E Corp. is lobbying for legislation that would allow the bankrupt California utility giant to securitize some of its profits...
PG&E Power Line Blamed for Sparking Small California Wildfire June 28, 2019 A downed Pacific Gas & Electric power line is blamed for sparking a wildfire in eastern Monterey County, Calif. this...
Jump in Western U.S. Wildfires Means Smoke’s Health Impact Will Spread June 26, 2019 Climate change in the Western U.S. means more intense and frequent wildfires churning out waves of smoke that scientists say...
Bondholders Propose Bankruptcy Exit Plan Up to $30B for PG&E June 26, 2019 By Jonathan Stempel A committee of bondholders of PG&E Corp.’s utility unit on Tuesday proposed a bankruptcy reorganization plan that would inject up...
California Governor Wants Wildfire Fund to Help Utilities June 21, 2019 By Mark Chediak and Romy Varghese California Gov. Gavin Newsom is pressing lawmakers on a wildfire fund that may be financed through bonds to help utilities...
PG&E Settles for $1B with Local Governments for California Fire Claims June 19, 2019 By Jim Christie PG&E Corp. will pay $1 billion as part of its bankruptcy reorganization to more than a dozen local governments in...
Hammer Sparks Led to California’s Mendocino Blaze June 11, 2019 California fire officials say sparks from a hammer driving a metal stake into the ground ignited a 2018 blaze in...
PG&E in California Proactively Cuts Power Because of Weather June 10, 2019 Pacific Gas & Electric implemented a controversial practice of cutting power to selected portions of Northern California on Saturday to...