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Wildfire Liability Bill Dies | Los Angeles News
Description
California lawmakers derailed a major wildfire liability bill on the final day of session, leaving utility accountability in flames. Governor Newsom and power companies sought to slash payouts for fire-causing equipment, but a last-minute compromise failed in the Assembly — sparking outrage from survivors and consumer groups while sending utility stocks plummeting. With no clear resolution, the governor vows to keep pushing, and markets remain rattled as the core question of who bears the cost of disaster lingers unresolved.
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