CLIMATE ONE: How Climate Broke California’s Biggest Utility

PG&E has had a bad few years. A series of record-breaking wildfires culminating with 2018’s devastating Camp Fire propelled the California utility giant into lawsuits, $30 billion in liabilities and, ultimately, bankruptcy. Under new state laws, regulated utilities will have a hard time avoiding blame in fires where their equipment is involved—so what’s ahead for PG&E’s peers and their shareholders when a deadly blaze could spell bankruptcy? What happens when the California dream of living near nature is in direct conflict with disruptive tragedies fueled by climate change? Learn more about your ad choices. Visit megaphone.fm/adchoices