Stock Market News

Forest Service launches criminal probe into Mosquito Fire; seizes PG&E equipment

2022.09.26 18:09



© Reuters. FILE PHOTO: Firefighters work as the Mosquito Fire burns in Foresthill, California, U.S., September 13, 2022. REUTERS/Fred Greaves/File Photo

(Reuters) – Californian utility PG&E (NYSE:) Corp said on Monday it was cooperating with the U.S. Forest Service (USFS) after the federal agency started a criminal investigation into the U.S. state’s largest wildfire this year.

The Mosquito Fire has scorched 76,781 acres (31,072 hectares) as of Sept. 25. It has forced at least 11,000 people to evacuate from Foresthill, Volcanoville, Georgetown and other communities between Sacramento and Lake Tahoe.

As part of the investigation, the USFS removed and took possession of one of PG&E’s transmission poles and equipment on Sept. 24, the utility said in a filing.

“While PG&E is conducting our own investigation into the events that led to the fire, we do not have access to the physical evidence that was collected as part of the USFS investigation over the weekend,” a PG&E spokesperson said in an emailed statement to Reuters.

The spokesperson reiterated that the USFS had not made a determination on the cause of the fire.

The power company’s equipment has been blamed for sparking numerous wildfires, including some of the state’s most deadly and destructive. Potential liabilities of tens of billions of dollars forced it to seek bankruptcy protection in 2017 and 2018.

The Mosquito Fire, which is 60% contained, has destroyed 78 structures and damaged 13, as of Sept. 25.

PG&E said the USFS had indicated to it that the fire began in an area of the company’s power line on National Forest System lands.

Earlier this month, PG&E said there had been electrical activity near one of its transmission poles in the area around OxBow Reservoir on Sierra Nevada, where the fire began on Sept. 6.



Source link

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 95,711.64 2.98%
ethereum
Ethereum (ETH) $ 3,322.11 4.25%
tether
Tether (USDT) $ 0.999085 0.01%
xrp
XRP (XRP) $ 2.15 6.10%
bnb
BNB (BNB) $ 687.42 1.89%
solana
Solana (SOL) $ 187.77 5.47%
dogecoin
Dogecoin (DOGE) $ 0.312173 5.57%
usd-coin
USDC (USDC) $ 0.9995 0.07%
staked-ether
Lido Staked Ether (STETH) $ 3,317.63 4.33%
cardano
Cardano (ADA) $ 0.858835 5.85%
tron
TRON (TRX) $ 0.250757 2.47%
avalanche-2
Avalanche (AVAX) $ 37.30 7.79%
the-open-network
Toncoin (TON) $ 5.69 4.31%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,069.72 1.17%
chainlink
Chainlink (LINK) $ 22.66 7.70%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 95,366.55 2.95%
shiba-inu
Shiba Inu (SHIB) $ 0.000021 6.45%
sui
Sui (SUI) $ 4.19 7.44%
hedera-hashgraph
Hedera (HBAR) $ 0.286667 9.41%
stellar
Stellar (XLM) $ 0.35386 7.78%
polkadot
Polkadot (DOT) $ 6.92 7.30%
bitget-token
Bitget Token (BGB) $ 7.40 30.69%
weth
WETH (WETH) $ 3,324.69 4.11%
hyperliquid
Hyperliquid (HYPE) $ 25.88 7.86%
bitcoin-cash
Bitcoin Cash (BCH) $ 435.93 5.31%
leo-token
LEO Token (LEO) $ 9.17 3.55%
uniswap
Uniswap (UNI) $ 12.94 6.47%
litecoin
Litecoin (LTC) $ 101.97 6.01%
pepe
Pepe (PEPE) $ 0.000017 6.37%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,509.22 4.31%
near
NEAR Protocol (NEAR) $ 5.02 7.47%
ethena-usde
Ethena USDe (USDE) $ 0.998031 0.17%
usds
USDS (USDS) $ 0.999186 0.15%
aave
Aave (AAVE) $ 333.80 9.77%
aptos
Aptos (APT) $ 8.92 7.01%
internet-computer
Internet Computer (ICP) $ 10.22 8.88%
crypto-com-chain
Cronos (CRO) $ 0.149005 5.41%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.47773 7.10%
mantle
Mantle (MNT) $ 1.17 5.61%
ethereum-classic
Ethereum Classic (ETC) $ 25.73 5.59%
vechain
VeChain (VET) $ 0.046654 10.11%
render-token
Render (RENDER) $ 7.11 5.80%
whitebit
WhiteBIT Coin (WBT) $ 24.71 1.10%
dai
Dai (DAI) $ 0.999508 0.09%
monero
Monero (XMR) $ 188.73 2.93%
bittensor
Bittensor (TAO) $ 468.74 7.05%
mantra-dao
MANTRA (OM) $ 3.62 3.75%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.26 6.80%
arbitrum
Arbitrum (ARB) $ 0.743299 6.87%
filecoin
Filecoin (FIL) $ 4.95 6.36%