Wildfires Send California Utility Stock Prices Plummeting

The video discusses the financial and legal challenges faced by PG&E and Edison due to California fires. It highlights the liabilities from past and recent fires, the strict liability laws in California, and the impact on stock prices. The video also touches on the potential financial strategies like issuing bonds to manage these liabilities and the broader implications of climate change on utility companies.

Discuss the impact of the Tubbs Fire on PG and E's stock price.

In what ways do climate change considerations complicate the liability standards for utilities?