California Focus: Another meaningless big bucks utility payout ...Middle East

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The settlement looked big when announced in early April by the district attorneys of six Northern California counties where huge wildfires caused by Pacific Gas & Electric Co. did more than $700 million worth of damage last year and in 2019. It’s another example of a penalty that looks severe but has very little actual import. For one thing, none of the $55 million PG&E will pay goes to homeowners or merchants from places like the Gold Rush era town of Greenville, completely incinerated in last summer’s Dixie Fire, which burned for more than three months across several counties. There was hope the prosecution, which lodged criminal charges against PG&E for the 2019 Kincade fire in Sonoma Cou

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