California’s largest utility PG&E to file for bankruptcy as wildfire costs exceed $30 billion

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The company has seen two-thirds of its market value wiped out since November’s Camp Fire — the deadliest wildfire in California’s history

 

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What about the money they owe Canada? Particularly British Columbia

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California utility PG&E may be the business world’s biggest climate-change casualty yetThe California fires — and the utility’s response — have turned PG&E into a poster child for climate-change dangers Nope. They may be the biggest casualty of a forest fire though. This is about the fire 🔥! Don’t put wrong spin on this one! This action is all about liability. Nothing else!! Have you driven in california? The country side hasn't changed in centuries. You know high voltage electrical equipment can explode when it fails. Maybe they're a victim of putting such equipment over historically dry grass and forest without putting a fire barrier underneath.
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