PG&E Says It Probably Caused the Fire That Destroyed Paradise, Calif.

The New York Times: Pacific Gas & Electric said Thursday that its equipment probably caused the Camp Fire, the catastrophic November blaze that destroyed thousands of homes in Paradise, Calif., and killed at least 86 people.

PG&E, which filed for bankruptcy protection in January, said it had recorded a $10.5 billion charge in anticipation of damage claims for that fire, the deadliest in state history. Largely as a result, the company reported a $6.9 billion loss for 2018.

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