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Newsom Pushes Utility Fire Deal | Odessa News
Governor Newsom is pushing a controversial new deal to protect utility companies from full wildfire liability, as California faces record-breaking fires tied to their equipment. With six of the state’s ten worst blazes linked to utilities and electricity rates soaring due to recovery costs, Newsom argues the current system is broken — especially after PG&E’s 2018 bankruptcy triggered a $21 billion fund now running dry. Critics, including wildfire victims and insurers, say the plan prioritizes utilities over those who lost homes and lives, potentially shifting costs to consumers through higher…
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