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PG&E Corp. has cut power to 513,000 customers in the biggest planned blackout yet to keep power lines from sparking more blazes.
Shares for PG&E plunged after a judge ruled that a jury can determine whether it should pay billions in damages to wildfire victims.
The insurance-like fund could be tapped into the next time a power line sparks a catastrophic blaze.
More than 2,000 acres burned in Monterey County this week, as fires linked to PG&E Corp. have started to break out across California.
The settlement comes as the California utility giant works through its bankruptcy — the largest of its kind in U.S. history.
Governor Gavin Newsom said he's budgeting $75 million to help communities deal with the threat.
Anyone who gets power from PG&E Corp. could see their lights go out this fire season.
Wildfires that scorched hundreds of thousands of acres just brought one of America's largest utilities to its knees.
Investigators have determined that a 'private electrical system' caused the 2017 Tubbs Fire in wine country.
During high-winds, conductors are pushed together creating sparks that drop into vegetation creating fire danger, judge says.