California Utilities Try to Pass Cost of Wildfire Damage on to Customers

1/2/2018 - Professor of Economics James Bushnell at Marketplace.

California has been hit hard by wildfires this year. It's too early to know how many billions of dollars there will be in damages, but there is already a legal battle brewing over who will pay for it all.

Jim Bushnell is a professor of economics at the University of California at Davis. He said if PG&E is found liable for things like failing to maintain power lines or adequately trim trees, it will have to cover the damages.

“If the utility screwed up,” Bushnell said, “the owners of the utility should be responsible for the cost.”

Read the full story at Marketplace.