Global  

California signs $21 Billion wildfire relief fund

Video Credit: Rumble - Duration: 00:32s - Published
California signs $21 Billion wildfire relief fund

California signs $21 Billion wildfire relief fund

California Governor Gavin Newsom signed a $21 billion bill to help fund wildfire relief, says Reuters.

The funds will help bankrupt PG&E Corp and the state’s other investor-owned utilities cover liabilities.

PG&E sought Chapter 11 bankruptcy protection in January after severe wildfires in 2017 and 2018.

PG&E equipment have been blamed for many of the blazes, including the Camp Fire that killed more than 80 people.

0
shares
ShareTweetSavePostSend
 

You Might Like

Related news from verified sources

California governor signs bill for $21 billion wildfire fund

California Governor Gavin Newsom on Friday signed a bill approved by lawmakers a day earlier that...
Reuters - Published


Tweets about this


Related videos from verified sources

Trump Signs Bill to Replenish 9/11 Victim Compensation Fund [Video]

Trump Signs Bill to Replenish 9/11 Victim Compensation Fund

Trump Signs Bill to Replenish 9/11 Victim Compensation Fund On July 29, President Trump signed legislation that will replenish the September 11th Victim Compensation Fund (VCF) over the next decade...

Credit: Wibbitz Studio     Duration: 01:00Published
State commission to vote on wildfire fund [Video]

State commission to vote on wildfire fund

The California Public Utilities Commission is voting on how a newly passed state wildfire fund will be implemented.

Credit: ABC 10 News | San Diego     Duration: 01:04Published
AB 1054 creates wildfire utility fund [Video]

AB 1054 creates wildfire utility fund

Utility companies could recover costs from the state after wildfires now that the governor has signed a new bill.

Credit: KHSLPublished