PG&E faces growing risk of more stringent state oversight as Dixie Fire spreads

PG&E faces growing risk of more stringent state oversight as Dixie Fire spreads

3 years ago
Anonymous $drS9DEX_Sj

https://www.siliconvalley.com/2021/08/11/pge-faces-growing-risk-of-state-oversight-as-wildfire-spreads/

A sprawling Northern California wildfire has now destroyed more than 1,000 buildings, crossing a key threshold that puts PG&E Corp. at risk of heightened regulatory scrutiny and ultimately could set the utility further down a path toward a state takeover.

The Dixie Fire, which PG&E says may have been sparked by its equipment, is the second-largest blaze in state history, according to the California Department of Forestry and Fire Protection. If PG&E is found to have started it, the number of burned buildings is now high enough to allow regulators to place the utility into the second level of a six-step enforcement process that could lead to state takeover for repeated safety violations.