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California utility will pay $80M to settle claims its equipment sparked devastating 2017 wildfire
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losses for both blazes would exceed $4.5 billion. California has seen increasingly destructive wildfires in recent years, made worse by climate change and drought.
Utility equipment has been blamed for sparking some the state’s worst fires. In 2022, former executives and directors of Pacific Gas & Electric agreed to pay $117 million to settle a lawsuit over devastating Northern California wildfires sparked by that utility’s equipment in 2017 and 2018.Milestone Alert!
Livemint tops charts as the fastest growing news website in the world
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