Notorious Wildfire-Causing Power Company PG&E to Finally Bury Some of Its Power Lines

Aside from climate change and drought, the most famous culprit of California’s wildfires is likely Pacific Gas and Electric (PG&E), which admitted this week that its equipment at least partly sparked the still-raging Dixie Fire, which has now burned over 103,900 acres. Finally, the company has decided to bury 10,000 miles of cable lines: a long-delayed cost-benefit analysis of mitigating climate-related disasters.

The Wall Street Journal reported that PG&E’s equipment has started over 1,500 fires in California from 2014 to 2017 alone—most horrendous was the Camp Fire, for which the company pled guilty to 84 counts of involuntary manslaughter and paid out $13.5 billion in a settlement to victims.

10,000 miles represents only about 10 percent of its lines, the AP reports, and PG&E estimates the endeavor to cost between $15 and $30 billion. In the harshest corporate light, it seems like a prudent investment. After the Camp Fire settlement, the company filed for bankruptcy and emerged last year $38 billion in debt.

The project likely won’t get done nearly quickly enough to eliminate (at least a portion of) power line-related hazards. The Post reported that PG&E COO Adam Wright said he expects the company to bury 1,000 miles of line per year, up from its current rate of 70 miles per year.

Click on the link below for full report

Source: Gizmodo

Leave a Reply

Your email address will not be published.