PG&E BANKRUPTCY

On Monday, Pacific Gas and Electric—the investor-owned utility that provides electricity and gas for approximately 16 million people across Northern California—announced its plans for bankruptcy following an investigation that determined its responsibility for at least 18 of the 21 large wildfires that blazed through California in 2017. The state is also looking into whether PG&E’s equipment sparked last year’s Camp Fire –  the deadliest fire in the state’s history, taking the lives of at least 86 people.

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