KRCA reported
PG&E and Southern California Edison’s stocks rise after the development.
California’s Assembly on Tuesday killed a wildfire liability plan that lawmakers and Gov. Gavin Newsom agreed to days ago.
Amid opposition to the proposal from the state’s two biggest power companies, Assembly Speaker Robert Rivas did not bring the legislation up for a vote.
Read more at California Assembly kills wildfire liability plan Gov. Newsom agreed to with legislators
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