California Imposes Record $1.9 Billion in Penalties Against PG&E for Role in Wildfires
The California Public Utilities Commission on May 7 approved a settlement imposing $1.937 billion in penalties against Pacific Gas and Electric Company for its role in causing the catastrophic wildfires in 2017 and 2018. The decision permanently suspends the utility’s obligation to pay a $200 million fine, so that the payment does not reduce the…...