Home In the U.S. PG&E will pay $ 1 billion for the deadliest fire in California: the company has already filed for bankruptcy

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PG&E will pay $ 1 billion for the deadliest fire in California: the company has already filed for bankruptcy

'19.06.2019' Source: Rtvi Subscribe to ForumDaily on Google News

The American energy company Pacific Gas and Electric (PG&E), which was found responsible for the fires in California, will pay a $ 1 billion fine, writes Rtvi.

Фото: Depositphotos

The company was held responsible for several fires that arose due to downed supports power lines. It is noted that the company and government officials have reached an agreement under which PG&E will cover “taxpayer losses.” Most of the amount will go to compensation for damage from the fire Camp Firewhich began in northern California in early November 2018 of the year. Also, the money will go to rebuild after the fires in the state in 2015 and 2017.

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“These funds will help local governments and taxpayers rebuild their community after years of devastating wildfires <...> Cities and counties will be in a better position to help citizens recover and move forward,” said law firm Baron & Budd, which handled the lawsuit against PG&E.

The agency reports that PG&E had previously filed for bankruptcy over claims for damages from California wildfires.

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Camp Fire was recognized as the most deadly in the entire history of the state - then 85 people died. More than 13 thousands of buildings have been destroyed and about 62 thousands of hectares of forest destroyed.

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Miscellanea In the U.S. court fire RTVi news Camp Fire

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