Lawsuits against PG&E, one if not the largest power companies in the US, in regard to a potential spark that caused the California fires is informative. It's the definition of extortion or more like redistribution of wealth. So power lines running through poorly managed forests (Tree huggers) and desert landscape in California and caused the fires. So PG&E declares bankruptcy and is trying to get $5.5 billion in DIP funding to weather the storm. So claimants will get money and PG&E apply for rate increases to cover the costs. How about stop building homes in a tinder box. Who should I sue when my home is destroyed by the next hurricane since I built so close to the beach? What a system.
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