{"id":126574,"date":"2022-04-11T21:50:12","date_gmt":"2022-04-11T21:50:12","guid":{"rendered":"https:\/\/fin2me.com\/?p=126574"},"modified":"2022-04-11T21:50:12","modified_gmt":"2022-04-11T21:50:12","slug":"pge-agrees-to-55m-deal-over-california-wildfires-escaping-criminal-prosecution","status":"publish","type":"post","link":"https:\/\/fin2me.com\/industries\/pge-agrees-to-55m-deal-over-california-wildfires-escaping-criminal-prosecution\/","title":{"rendered":"PG&E agrees to $55M deal over California wildfires, escaping criminal prosecution"},"content":{"rendered":"

FOX Business Flash top headlines for April 11 <\/h2>\n

Here are your FOX Business Flash top headlines for April 11.<\/p>\n

Pacific Gas and Electric Co., reached a $55 million deal with six California counties devastated by wildfire Monday, agreeing to five years of independent oversight. <\/p>\n

The civil settlement, first reported by the San Francisco Chronicle, also ended criminal investigations into the San Francisco-headquartered utility company in connection to the 2019 Kincade Fire and 2021’s Dixie Fire in the Sierra Nevada.<\/p>\n

PG&E RELEASED NEW PLAN FOR 2022 FIRE SAFETY <\/strong><\/p>\n

Sonoma County prosecutors had accused PG&E of reckless conduct for keeping energy flowing through a high-powered transmission tower in a windy mountainous area prone to fire for more than a decade leading up to the Kincade Fire. The deal announced Monday also closed criminal investigations into PG&E’s operations in Butte, Lassen, Plumas, Shasta and Tehama counties after the company kept energy flowing for 10 hours after a tree fell onto powerlines near the Cresta Dam in the Feather River Canyon. <\/p>\n

<\/picture>\n

A PG&amp;E tracks passes the line of the Dixie Fire near Taylorsville, California, U.S., August 10, 2021. REUTERS\/David Swanson<\/span> (REUTERS\/David Swanson \/ Reuters Photos)<\/span><\/p>\n

"Being found guilty of a crime carries limited value when you’re dealing with a multimillion-dollar corporation," Sonoma County District Attorney Jill Ravitch told the Chronicle. "What’s more important to us is there’s some level of accountability going forward – to ensure PG&E is doing everything it can to keep us safe."<\/p>\n

CLICK HERE TO READ MORE ON FOX BUSINESS<\/u><\/strong><\/p>\n

Cal Fire (California Department of Forestry and Fire Protection) reported that PG&E power equipment sparked 31 wildfires that burned nearly 1. 5 million acres, destroyed nearly 24,000 structures and killed 113 Californians between 2017 and 2021. <\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

FOX Business Flash top headlines for April 11 Here are your FOX Business Flash top headlines for April 11. 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