Newsom Makes Last-Minute Push to Help California Utilities Facing Wildfire Bills
The proposal would cap some damages, limit attorneys’ fees and curb insurers’ recovery rights as officials warn wildfire costs could keep electricity rates rising.
6 Articles
6 Articles
Gov. Newsom reignites debate over how much electric companies should pay for causing a wildfire
Governor Gavin Newsom is pushing California lawmakers to limit how much private utility companies pay when their equipment causes catastrophic wildfires, as the state's wildfire liability fund nears depletion.
Newsom Races to Bail Out the Utilities That Burned California
Gavin Newsom is spending the last two weeks of his final legislative session demanding a bailout for California’s three big for-profit utilities. The same companies whose equipment has sparked eight of the twenty worst wildfires in state history. The same companies that have poured nearly a million dollars into his campaigns and causes while their...
POLITICS: Gavin Newsom to bail out utilities — and hurt fire victims
Gavin Newsom is finishing the last two weeks of his last legislative session as governor by demanding a bailout for the state’s three for-profit utilities, which have given his campaigns and causes nearly $1 million during his term. The governor’s murky plan aims to limit the ability of wildfire victims, and their insurance companies, to recover damages from utility companies that start wildfires. The plan claims to put “Wildfire Survivors Fir…
Newsom makes last-minute push to help California utilities facing wildfire bills
This story was originally published by CalMatters. Sign up for their newsletters. In the final few weeks of his last legislative session as California governor, Gavin Newsom is asking lawmakers to help reduce how much profit-making utility companies must pay out after wildfires. His administration has for weeks floated to lawmakers a wide-ranging but still-vague package of bills to address the spiraling costs of wildfires that has made a slew o…
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