California Wildfires Force Power Cuts for 500,000
Published Date: 9/8/2020
Source: Bloomberg Markets and Finance
Sep.08 -- In a matter of weeks, California has been hit with two record-breaking heat waves, hundreds of blazes, freak lightning storms and dangerously poor air quality, and now unusually strong winds are threatening to knock down power lines and ignite more wildfires. That's causing the state's largest utility, PG&E Corp., to cut power for more than 500,000 people.