Posts Tagged ‘wildfire’

California power firm to pay $13.5bn to wildfire victims

by Ikokwu Ikembaon December 7, 2019
Californian utility giant Pacific Gas and Electric (PG&E) has agreed a $13.5bn (£10.2bn) settlement with victims of wildfires in the state. The company’s equipment has been linked to several blazes including the deadliest and most destructive wildfire in state history, 2018’s Camp Fire. PG&E filed for bankruptcy this year and has already settled with insurers […]