SAN FRANCISCO (Reuters) – California lawmakers accredited laws on Thursday to create a $21 billion fund to assist utilities within the state pay for claims arising from future wildfires sparked by their tools, tackling a prime difficulty for the state.
FILE PHOTO: Firefighters hold watch on the Thomas wildfire within the hills and canyons exterior Montecito, California, U.S., December 16, 2017. REUTERS/Gene Blevins/File Picture
The approval got here after energy supplier PG&E Corp filed for chapter in anticipation of greater than $30 billion in wildfire liabilities.
The laws now goes to Governor Gavin Newsom. The governor in June proposed…