• PG&E Plans To File For Bankruptcy Over Possible Liability In California Wildfires

    5 monthes ago - By NPR

    The utility says it could be facing tens of billions in liability costs connected to the 2017 and 2018 Northern California wildfires. PG&E also says its CEO is stepping down. (Image credit: David Paul Morris/Bloomberg via Getty Images)
    Read more ...

     

  • PG&E Plans To File For Bankruptcy Over Possible Liability In California Wildfires

    PG&E Plans To File For Bankruptcy Over Possible Liability In California Wildfires

    5 monthes ago - By NPR

    The utility says it could be facing tens of billions in liability costs connected to the 2017 and 2018 Northern California wildfires. PG&E also says its CEO is stepping down. (Image credit: David Paul Morris/Bloomberg via Getty Images)
    Read more ...

     

  • The potential bankruptcy of California's largest utility is a rude reminder of how devastating climate change can be for businesses

    The potential bankruptcy of California's largest utility is a rude reminder of how devastating climate change can be for businesses

    5 monthes ago - By Business Insider

    Companies are being forced to deal with the consequences of a changing climate, which is leading to more frequent and destructive wildfires and other types of disasters than ever before.
    PG&E's situation is a warning to other power companies and businesses around the country.
    A battle between California politicians and PG&E, the state's largest utility, is being waged over who should have to pay the price of wildfire damage in recent years.
    Why it matters : Companies are being forced to deal with the consequences of a changing climate, which is leading to more frequent and destructive...
    Read more ...

     

  • No. 1 U.S. utility PG&E prepares bankruptcy filing after California wildfires

    No. 1 U.S. utility PG&E prepares bankruptcy filing after California wildfires

    5 monthes ago - By Reuters

    PG&E Corp , owner of the biggest U.S. power utility by customers, said on Monday it is preparing to file for Chapter 11 bankruptcy protection as soon as this month amid pressure from potentially crushing liabilities linked to California's catastrophic wildfires in 2017 and 2018.
    Read more ...