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Wildfire Pay Plan Blocked by Utilities | California News
Description
A California wildfire payment plan just got derailed after utility giants like PG&E and SCE warned it could bankrupt them — leading to higher bills for everyone. The bill, meant to speed up payouts and hold utilities accountable for sparking fires, was quietly shelved before a final vote as lobbyists pushed back hard. Survivors had cheered the compromise — until the financial risks became too big. With PG&E’s stock surging in response, Governor Newsom now hints at a special session to find a solution for victims and tackle fire safety and power reliability head-on.
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