"California utility giant Pacific Gas and Electric Company (PG&E) has agreed to pay $1 billion to 14 local governments throughout the state for the wildfire damage caused by its equipment and practices.
Attorneys for a group of local public entities – counties and cities – announced the proposed settlement Tuesday to help cover taxpayer losses due to the 2015 Butte Fire, the 2017 North Bay Fires and the 2018 Camp Fire.
The town of Paradise, which was virtually destroyed by the 2018 Camp Fire, will receive $270 million. Another $252 million is designated for Butte County and $47.5 million for Paradise Recreation and Parks District."
Source: NPR, 06/19/2019
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