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California utility PG&E's stock falls over 20 percent Monday as company faces wildfire claims

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The utility is facing lawsuits connected to California's deadliest-ever wildfire, the Camp Fire, which killed 86 people in November.

 

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naomirwolf End the monopoly.

Wow.

People need to go to jail.

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 /  🏆 10. in JP

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CEO of California utility PG&E steps down as company faces potential wildfire liabilitiesCalifornia power company PG&E CEO Geisha Williams has stepped down, the company said on Sunday, as it faces billions of dollars in potential liabilities related to deadly wildfires. Whoa whoa whoa I thought the Gods of the Climate caused this?
ソース: CNBC - 🏆 12. / 72 続きを読む »

PG&E, the nation’s biggest utility company, files for bankruptcy after California wildfiresThe company is under scrutiny for its role in the Camp Fire, which razed the small town of Paradise in November and killed 86 people. Uh, after it 'redistributed the losses from previous wildfires onto the CA ratepayers?' How does that make logical sense? Man I hope the state just takes over the utilities. Southern California Edison isn’t much better than these assholes. How many fires are they responsible for?
ソース: washingtonpost - 🏆 95. / 72 続きを読む »