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California's Utility Fund Struggles Amid Ongoing Fire Crisis: What You Need to Know

California's Utility Fund Struggles Amid Ongoing Fire Crisis: What You Need to Know
4 months ago

Recent wildfires in California have brought to light the inherent challenges associated with the state's $21 billion utility fund, initially created to address the financial repercussions of wildfires exacerbated by climate change. This fund, established to compensate victims and mitigate risks posed by utility infrastructure, faces increasing scrutiny as its effectiveness is put to the test in the wake of a series of devastating blazes.

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