Gov. Gavin Newsom is proposing a multibillion-dollar wildfire fund to help California’s utilities cover mounting fire-related liability costs that have threatened their financial health.
The fund is part of a
The fallout from Pacific Gas & Electric’s bankruptcy is spreading to Southern California, where customers of the state’s second-largest electric utility could see their energy bills rise by $290 million
Pacific Gas and Electric Co.’s bankruptcy proceedings involve many parties — the company’s attorneys, its workers and retirees, its creditors and its shareholders. Government officials from multiple jurisdictions are weighing