Tag: PG&E

California power firm to pay $1.7 bn over wildfires

  LOS ANGELES, United States (AFP) — A California energy supplier has reached a nearly $1.7 billion settlement with regulators for its role in causing devastating wildfires in 2017 and 2018 that killed more than 100 people in total. Faulty Pacific Gas and Electric power lines were blamed for sparking last year’s so-called Camp Fire in northern California, the deadliest in the state’s modern history. Under the draft deal published Tuesday, PG&E shareholders will foot […]