PG&E Corp

A federal court “tentatively” found that equipment owned by Pacific Gas and Electric (PG&E) is the “most reoccurring cause” of wildfires that scorched the state in the past two years, NBC News reports. U.S. District Court Judge William Alsup issued the ruling Thursday. Since 2017, power lines owned by PG&E, California’s largest utility, have sparked
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California faces a new energy crisis with the bankruptcy of its biggest utility, Pacific Gas & Electric. PG&E has at least $30 billion in liabilities stemming from deadly wildfires sparked by its equipment. The bankruptcy raises questions about grid reliability, power prices and state green energy goals. Pacific Gas & Electric’s (PG&E) bankruptcy filing Monday
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