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MENDOCINO CO., 1/14/19 — PG&E has announced that it will be declaring bankruptcy, due to liabilities of up to $30 billion, stemming from numerous wildfires over the past few years which have killed more than a hundred people, and destroyed thousands upon thousands of residences. In many of these fires, though not all, a PG&E power-line or equipment has been found to be the immediate cause, the spark started the fire. The $30 billion figure is more than PG&E’s assets and insurance combined.
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