Tackling California's wildfire recovery costs could cost as much as $50 billion under this plan

[TexasTowelie]

Heading into a private meeting with Gov. Gavin Newsom and his staff on Wednesday, California lawmakers are floating an expensive plan to address wildfire liability costs and settle victims’ claims.

During a panel discussion at the Sacramento Press Club on Tuesday, state Sen. Bill Dodd, D-Napa, teased a proposal that would create a catastrophic wildfire fund of up to $50 billion.

He said utility companies would provide most, if not all, of the money for the fund, costing “anywhere between $24 billion and $50 billion.”

“It’s important that we put together a program where ratepayers aren’t the victims once again,” Dodd added.

Read more: https://www.sacbee.com/news/politics-government/capitol-alert/article231703973.html

[ROB-ROX]

1. They have already charged people higher rates to pay their bills

Solar looks very cheap compared to what the companies charge for power. It was $0.14 per kilo watt now it is $0.21 per kilo watt. California has hydro, wind, and solar. There is much power from gas turbines. The cost is power lines which are old and trees which break power lines. It is time for the government to become the power company......Nuclear has become something of the past and will not be continued in California.