Mega-Utility Dodges $500M 'Bullet' as Feds Slash Potential Fine for Pipeline Explosion
A federal judge on Tuesday night quietly slashed a potential $562 million fine against Pacific Gas & Electric Co. (PG&E) for the privately owned, publicly regulated utility’s role in a 2010 deadly natural gas pipeline explosion near San Francisco. The incident six years ago “sent a giant plume of fire into the air, killing eight…