-
Business
-
Policy & Business
-
-
Federal IT
-
Information Technology
-
-
State & Local
-
State & Local Government
-
-
Defense
-
Defense & Intelligence
-
-
Healthcare
-
Healthcare Policy & IT
-
-
Energy
-
Energy Policy & Technology
-
-
Education
-
Education Policy & Technology
-
PG&E to record $2.5B charge for California wildfires -- and warns it could get worse
Utility Dive: PG&E Corp. will take a charge on more than a dozen fires (10 by the utility's math, as several were combined), but it is not clear if more financial implications could be coming. The utility has been highly critical of California laws that allow for reverse condemnation — essentially finding the utility liable even if it met standards and regulations.
"Liability regardless of negligence undermines the financial health of the state’s utilities, discourages investment in California and has the potential to materially impact the ability of utilities to access the capital markets to fund utility operations and California’s bold clean energy vision," PG&E CEO and President Geisha Williams said in a statement.
Tags
Share
Top Stories
- Energy Department wants national labs to drive regional innovation
- How solar surge saved Europe from the energy crisis
- Study: Puerto Rico should go solar to meet clean energy goal
- The Federal Government Can Use Its Buying Power to Help the Environment and Save Taxpayers Money
- EVs, Building Emissions Among Biden’s Sustainable Energy Priorities
- Deploying Clean Energy Tech Depends on Cost Efficiency, Officials Say
- National Labs to Receive $1.5B Funding Boost
- Solar, telecom rollouts offer lessons for mass EV charging station deployments
- EPA to strengthen proposed rule on methane emissions from oil, gas
- Getting to ‘Net-zero’ Emissions: How Energy Leaders Envision Countering Climate Change in the Future
- Tech Wanted: Government Calls on Industry to Help with Net-Zero Carbon Buildings
- EPA Calls Out Environmental Racism in Louisiana’s Cancer Alley
- Hawaii to U.S. Navy: Quit Polluting Our Waters
- Climate-Based Trainings and Performance Plans Are Coming for Federal Employees
- Infrastructure permitting reform plan blocked in Senate
- Hydro-Québec’s radical but careful digital transformation could be a model for utilities everywhere
Whitepapers & Special Reports
i360Gov Newsletters
The most significant government policy, business, and technology news and analysis delivered to your inbox.
Subscribe NowTrending
- Solar, telecom rollouts offer lessons for mass EV charging station deployments
- Tech Wanted: Government Calls on Industry to Help with Net-Zero Carbon Buildings
- Energy Asks for New R&D in Critical Materials for Clean Energy
- Hydro-Québec’s radical but careful digital transformation could be a model for utilities everywhere
- California sets ‘ambitious’ offshore wind goal of up to 5 GW by 2030
- TSA revises cyber rules for pipelines
- Energy Awards Over $540 Million for Green Tech Research
- National Labs to Receive $1.5B Funding Boost
Also in Energy Policy & Technology
About
i360Gov is an intelligent network of websites and e-newsletters that provides government business, policy and technology leaders with a single destination for the most important news and analysis regarding their agency strategies and initiatives.
Contact Us
Telephone: 202.760.2280
Toll Free: 855.i360.Gov
Fax: 202.697.5045
Newsletters
Copyright © 2009-2024 i360Communications, LLC.