California State Senator 'deeply troubled' by utility threats (www.latimes.com)

submitted 1 day ago by Corvidae@lemmy.world to c/california@lemmy.world

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State Sen. Ben Allen is rebuking Southern California Edison and Pacific Gas & Electric over shareholder-focused threats tied to wildfire liability legislation and weighing oversight hearings as lawmakers craft a new fire bill package. Existing laws already shield utilities from billions in wildfire damages, including Altadena’s deadly Eaton fire, as new proposals could further curb victim payouts and shift costs to homeowners’ insurance. PG&E and Edison executives are signaling stock buybacks and capital shifts if legislation falls short, despite investigations blaming their aging, idle lines for some of California’s most destructive recent wildfires.

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[-] AngryCommieKender@lemmy.world 1 points 13 hours ago

SDG&E ain't great, but I'm unaware of them actually starting any wildfires. Just completely incapable of hardening the grid to withstand wildfires.

this post was submitted on 14 Aug 2026

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