PG&E Must Pay $150 Million for Role in Deadly 2020 Fire (1)

May 18, 2023, 10:11 PM UTC

California regulators ordered PG&E Corp. to pay $150 million in total penalties for its role in starting a deadly 2020 wildfire.

PG&E was fined $10 million and will have to use shareholder money to fund $140 million in vegetation management programs, according to a resolution passed Thursday by the California Public Utilities Commission.

The Zogg Fire started when a gray pine fell onto a PG&E power line in the Sierra Nevada Forest. California investigators alleged PG&E failed to remove the tree on time because of poor recordkeeping, according to a statement. The wildfire burned more than 56,000 acres ...

Learn more about Bloomberg Law or Log In to keep reading:

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.