California’s utility PG&E has applied for a federal loan of around $7 billion to finance the burying of power lines and thus reduce the risk of wildfires, chief executive Patti Poppe told The Wall Street Journal in an interview published on Thursday. The utility, which has been held liable for wildfires that have killed people in recent years, has applied for a loan with the Loan Programs Office of the Department of Energy. The office funds key energy projects supporting clean energy infrastructure. To date, LPO has issued…
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