California lawmakers approve legislation for $21 billion wildfire fund

FILE PHOTO: Firefighters keep watch on the Thomas wildfire in the hills and canyons outside Montecito, California, U.S., December 16, 2017. REUTERS/Gene Blevins/File Photo

SAN FRANCISCO (Reuters) – California lawmakers approved legislation on Thursday to create a $21 billion fund to help utilities in the state pay for claims arising from future wildfires sparked by their equipment, tackling a top issue for the state. The approval came after power provider PG&E Corp filed for bankruptcy in anticipation of more […]

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