Darkness, Frustration, Fire: Five Tumultuous Days in California

(Bloomberg) — Californians have always lived in the shadow of calamity — from earthquakes, mudslides, flooding, fires and droughts.But the move this week from the state’s largest power company represented a new type of burden: a widespread, intentional hardship designed to prevent something much worse.Facing a powerful windstorm, PG&E Corp. cut off power to wide swaths of California rather than risk its lines sparking a deadly wildfire like the ones that ravaged the state over the past two years and sent the company into bankruptcy. The outage hit 34 of the state’s 58 counties — including the heavily populated San …read more

Source:: Yahoo Finance

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