Category: California Wildfire Law

PG&E Camp Fire News: Pacific Gas and Electric Company, is one of the largest combined natural gas and electric energy companies in the United States.

PG&E has lost half its value as shareholders fear utility’s role in California wildfire

The stock of PG&E has lost more than half its value this week as shareholders are fleeing the utility because of concerns that their equipment may be partly responsible for the most destructive wildfire in the history of California.  In a government filing on Tuesday, PG&E, owner of Pacific Gas & Electric Co., said its subsidiary had pulled $3 billion… Continue Reading..