1 Day
Source:
New York Post
Newsom supports utilities, neglects wildfire victims
Governor Gavin Newsom is pushing a plan to secure a bailout for California’s three for-profit utilities, funded by nearly $1 million in campaign contributions. The plan aims to limit wildfire victims and insurers from recovering damages caused by utility-caused wildfires, which opponents say weakens accountability and encourages negligence. Major utility companies support the plan and are funding a coalition that promotes these reforms through extensive advertising, despite opposition from wildfire survivors, local governments, and consumer groups. Critics argue that such bailouts incentivize utilities to avoid infrastructure improvements and threaten to threaten service if liability reforms are not approved.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)