PG&E ‘Wishfully Thinking’ It Can Toss Key Claim Over Wildfires
PG&E employees work to fix downed power lines burned by wildfires in Santa Rosa, California, on Oct. 12, 2017.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
PG&E Corp.’s request for early release from a key legal claim over the most destructive wildfire in California history is wishful thinking, according to analysts and legal experts.
Officials haven’t determined the causes of the Tubbs Fire and a series of other blazes that burned through wine country north of San Francisco last year, but analysts have said the utility could face more than $15 billion in claims from the fires.