California’s Wind-Driven Fires Cause Massive Evacuations

California’s Wind-Driven Fires Cause Massive Evacuations

$PCG Northern California officials ordered 180,000 residents to evacuate their homes Sunday as winds fueled a wildfire in the wine country, while electricity was shut off for millions of people in an effort to prevent more fires. The fear that the winds could blow embers and spread fire across a major highway prompted authorities to […]

Wildfires Blacking Out California

Wildfires Blacking Out California

$PCG A wildfire in California wine country that may have been caused by a high-voltage transmission line called into question Pacific Gas & Electric’s (NYSE:PCG)strategy of selectively cutting off power in windy weather to prevent blazes and could force it to resort to even bigger blackouts affecting millions this weekend. The repeated shut-offs and the […]