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In a surprise turnaround late Tuesday, a closed Mercer County hospital is now getting ready to reopen — again. Paving the way ...
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Biden's DOE Finalizes $15 Billion Loan Guarantee to California's PG&E
The Biden administration has finalized a $15 billion loan guarantee to California utility Pacific Gas & Electric (PG&E), in ...
What the Options Market Tells Us About PG&E
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating ...
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What the Options Market Tells Us About PG&E
PG&E operated under bankruptcy court supervision between January 2019 and June 2020. In 2004, PG&E sold its unregulated assets as part of an earlier postbankruptcy reorganization. Current Position ...
LA Fires Reveal Limits of California’s $21 Billion Utility Fund
Financial losses from the devastating Los Angeles wildfires are mounting after the blazes incinerated entire neighborhoods ...
Edison under scrutiny for Eaton fire. Who pays liability will be ‘new frontier’ for California
The L.A.-area fires may pose the first big test of California’s wildfire fund, which was set up in 2019 to protect utilities ...
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LA fires reveal limits of California's utility fund
Financial losses from the devastating Los Angeles wildfires are mounting after the blazes incinerated entire neighbourhoods ...
Costly wildfires imperil utilities accused of causing the spark
Southern California Edison is the latest power company in crisis, as climate change becomes an increasingly existential ...
How wildfires increase financial risk for utility companies
Utility companies are responsible for fewer wildfires than those started by human activity, but still tend to be more destructive. According to researchers at University of California, Berkeley, ...