As wildfires intensify, the taxpayer burden is growing » Yale Climate Connections
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But upfront investments in protecting communities from fires could reduce those costs, one watchdog says.
  • gravitas_deficiency@sh.itjust.worksEnglish
    3·
    2 months ago

    And yet somehow, the PG&E burden is not, despite the fact that their rank idiocy and profiteering is the root cause of a significant fraction of the major fires in CA over the last couple decades.

    • pdxfed@lemmy.world
      2·
      2 months ago

      Their rates are growing though, so there is that.

      In Portland, Portland General Electric has raised rates 22, 14, 12% in the last 3 years. They have proposed a 10(up from initial 7%) increase for Jan 2025. If 2022 was a baseline(which it realistically isn’t for ratepayers), even then it would represent a 71% increase in 4 years.