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California signs $21 Billion wildfire relief fund

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California signs $21 Billion wildfire relief fund

California signs $21 Billion wildfire relief fund

California Governor Gavin Newsom signed a $21 billion bill to help fund wildfire relief, says Reuters.

The funds will help bankrupt PG&E Corp and the state’s other investor-owned utilities cover liabilities.

PG&E sought Chapter 11 bankruptcy protection in January after severe wildfires in 2017 and 2018.

PG&E equipment have been blamed for many of the blazes, including the Camp Fire that killed more than 80 people.

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