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Cal Fire: PG&E violated state law in 8 wildfires last year
Utility Dive: Besides presenting a constant threat to grid operations, wildfires also cast a pall over utility finances in California.
Analysts estimate PG&E could face up to a $12 billion liability for the 2017 wildfire season — much of it from the 12 wildfires Cal Fire addressed on Friday with the release of a new report. The utility's stock price has lagged behind its peers since the investigations were announced.
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