A National Guard C-130 dropping fire retardant. (File: Calmatters) Gov. Brown wants to help utilities on wildfire costs By Dan Morain | CALmatters In a move certain to be embraced by utilities, Gov. Jerry Brown proposed Tuesday that the state ease the liability standards when electricity providers’ equipment sparks fires that destroy property. Market reaction: Shares of Pacific Gas & Electric, Edison International, and Sempra spiked upward on the news. Brown sent his proposal to legislators as they prepare for hearings beginning today focused on liability issues raised by wildfires, and as the National Park Service closed Yosemite as a wildfire consumed 36,000 acres. Brown: “If we do not take action today to prepare for and anticipate the extreme weather events of tomorrow, we will pay for it dearly.” PG&E is reviewing the proposal. Steve Malnight, PG&E’s senior vice president for strategy and policy, told CALmatters: “The status quo is not sustainable for the utility industry across California.” Sen. Jerry Hill, a San Mateo Democrat and PG&E critic: “PG&E keeps breaking the law, so they’re trying to change the law.” Insurance industry statement: “This proposal’s weakening of well-established liability standards is nothing more than a utility bailout …” Bottom line: The 2018 wildfire season is worse… Read full this story
- San Diego Comic-Con Postpones 2021 Edition, Hopes For Smaller Event In Fall
- Disney’s Marvel Studios & Warner Bros DC Films To Skip San Diego [email protected]
- San Diego Port of Entry Shut Down as Migrants Rush Border
- Soccer-Former Man United Women's boss Stoney named coach of NWSL team San Diego
- Podcast Revisits The Wild And Wooly Origins Of San Diego Comic-Con
- ‘DC’s Legends Of Tomorrow’ & ‘Roswell, New Mexico’ Part Of Warner Bros TV’s San Diego [email protected] Slate
- Protesters demand release of body cam video after San Diego police shooting
- In deadly San Diego hepatitis A outbreak, officials tell restaurant customers exactly when they were exposed
- 'Tragic incident': Three dead in San Diego after driver ploughs into tents of homeless people
- San Diego Utility a Leader in Renewable Energy
Daily Business Report-July 26, 2018, San Diego Metro Magazine have 339 words, post on www.sandiegometro.com at July 25, 2018. This is cached page on SEO. If you want remove this page, please contact us.