Stunning admission: PG&E says its equipment likely to blame for Camp Fire
That grim prognosis --
"The company believes it is probable that its equipment will be determined to be an ignition point of the 2018
In recent years, financial, credibility, legal and liability woes have mounted dramatically for the utility, which already was a convicted felon after being found guilty for crimes it committed before and after a fatal natural gas explosion caused by
Third-party claims connected to the
On
"If the utility is found liable and can't recover (the
"On the other hand," Weissman continued, "if ratepayers had to absorb that, it would lead to a very dramatic increase in utility rates, one that undoubtedly would lead to challenges for people on fixed or limited incomes, so that would be a very serious problem."
Families afflicted by the fire already fear they will be shortchanged in the bankruptcy process.
"There's 85 deaths and untold suffering," said
It's unknown how
The admission by
"Everyone is concerned that the fire victims are not going to be fully compensated for their losses in the
"It is better to own up to mistakes so that problems can be addressed and resolved," Martinez said.
In its bankruptcy filing,
"It's unfortunate that
--
--At
--At 6:45 a.m on
--Later in November,
In addition, the company also took a
The Caribou-
"If it is determined that
Also of concern, according to Weissman, are
It wasn't until
"At a minimum, the fact that
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