The implications are unsettling: 15 minutes before a fire was reported among the trees north of Sacramento—the spark that would explode into the deadliest blaze in California history—a PG&E power line in the area went offline.
A week later, at least 56 people have been found dead—and PG&E Corp. is facing its gravest crisis yet over whether its equipment has ignited another devastating wildfire.
The exact cause of the fast-moving Camp Fire may not be known for months or even years. But in Sacramento and on Wall Street, a reckoning for PG&E may finally be at hand.
After limping out...