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California Utility Shares Rise After Governor Proposes Fire Bill

California Utility Shares Rise After Governor Proposes Fire Bill

California Utility Shares Rise After Governor Proposes Fire BillThe proposal wouldn’t affect the billions of dollars in potential liabilities PG&E and Edison face for blazes in 2017, Brown said. California investigators have already named PG&E equipment as the ignition source of 16 of last year’s swarm of windswept fires in Northern California wine country that destroyed thousands of homes and killed 44 people starting in October.

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