Wildfire Threats Make Utilities Uninsurable in US West | As wildfire season starts, some utilities are now operating without insurance — and are on the hook if their power lines are linked to a blaze.
Wildfire Threats Make Utilities Uninsurable in US West | As wildfire season starts, some utilities are now operating without insurance — and are on the hook if their power lines are linked to a blaze.
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I'll note that as temperatures have risen, fires spread much faster
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The insurance challenges are now making it more expensive and difficult for some utilities to attract the capital required to harden their grids
The grids they've been refusing to maintain or harden for decades, those grids? Given their past history, they wouldn't be acting now unless there was pressure on them - they'd just be handing out another round of executive bonuses and stock dividends.