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How much did PG&E settle for in the end?
Utility giant Pacific Gas and Electric announced a $13.5 billion settlement agreement to resolve all claims associated with several Northern California wildfires that killed dozens of people and destroyed thousands of businesses and homes.
How much was the PG&E settlement?
PG&E reaches $13.5 billion settlement with California wildfire victims. Pacific Gas & Electric on Friday announced it had reached a multibillion-dollar settlement with victims of wildfires that killed dozens of people and destroyed tens of thousands of homes across Northern California.
How much did PG&E pay fires?
PG&E Agrees To Pay $11 Billion Insurance Settlement Over California Wildfires : NPR. PG&E Agrees To Pay $11 Billion Insurance Settlement Over California Wildfires The deal, which a bankruptcy court must approve, covers most of the claims from the Camp Fire in 2018 and Northern California wine country fires in 2017.
Is PG&E broke?
PG&E's debt totaled almost $52 billion at the end of September, but that was before the big wildfires started in November. It's also not the first time PG&E has declared bankruptcy it did so in 2001 after the state tried to deregulate utilities.
How much money was raised for California fires?
Since the Wildfire Relief Fund opened in 2003, we have granted more than $24 million to support relief and recovery efforts in the aftermath of devastating California wildfires. In the aftermath of a disaster, immediate relief needs are often clear shelter, food, cash, and other basic needs.
Is Hinkley CA still contaminated?
In fact, most of Hinkley is below the new California limit (10 parts per billion) for hexavalent chromium. But whether there's still contaminated water in Hinkley, the residents of those 300 houses are gone. Smith says PG&E is “committed to the future of Hinkley.
What happened to the people of Hinkley CA?
Hinkley was a small farming community in the 1990s when residents learned that groundwater was polluted with chromium 6, a cancer-causing heavy metal. It had seeped into the water after being dumped into unlined ponds at the utility company's compressor station in the 1950s and '60s.
How did the groundwater in Hinkley get contaminated?
Residents of the town of Hinkley, California, alleged that PG&E knowingly dumped wastewater contaminated with chromium-6, a known carcinogen since 1925, into the region's groundwater. The contaminated water was discharged into unlined pools, thus leaking to the aquifer serving Hinkley's residents water needs.
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