07-05-2020 22:58 via news.yahoo.com

Regulators waive $200M fine on PG&E for causing deadly fires

California regulators on Thursday suspended a $200 million fine against Pacific Gas & Electric as punishment for the utility's neglect of electrical equipment that ignited a series of deadly wildfires in Northern California.The waiver approved in a unanimous vote by California's Public Utilities Commission will deprive the state coffers of money to help offset losses income and sales taxes as the coronavirus pandemic pushes the state into a $54 billion budget deficit.PG&E resisted the fi
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