Saying the costs of wildfires must be spread more broadly as climate change worsens, Gov. Gavin Newsom said California must consider dramatic changes in California law Friday to give bankrupt PG&E and other big utilities greater legal protection against liabilities that can spiral into the billions of dollars.
Releasing a wide-ranging suite of proposals from a “strike force” he created two months ago, Newsom stopped short of endorsing what is likely the most controversial recommendation: a shuffling of costs that would likely take money from insurance companies and utility ratepayers, while potentially trimming