logo
Power company to pay US$82.5mil for California wildfire

Power company to pay US$82.5mil for California wildfire

The Bobcat Fire burned tens of thousands of acres of woodland north of Los Angeles. (EPA Images pic)
LOS ANGELES : One of California's largest utilities is to pay the US forest service US$82.5 million for a wildfire that burned tens of thousands of acres of woodland, the government said today.
The 2020 Bobcat Fire destroyed dozens of buildings as it tore through the San Gabriel Mountains north of Los Angeles.
The US government said Southern California Edison had not properly controlled vegetation near its power lines and the blaze erupted when trees touched a live wire.
A 2023 lawsuit claimed damages from the company for the cost of fighting the fire on forest service land as well as for remediation of damage caused to campgrounds, trails and wildlife habitats.
'This record settlement against Southern California Edison provides meaningful compensation to taxpayers for the extensive costs of fighting the Bobcat Fire and for the widespread damage to public lands,' said US attorney Bill Essayli.
'My office will continue to aggressively pursue recovery for suppression costs and environmental damages from any entity that causes harm to the public's forests and other precious national resources.'
Southern California Edison is no stranger to paying out large sums of money for wildfires where its equipment was suspected to have been at fault.
The company handed over more than US$2.7 billion in settlements over the 2017 Thomas Fire that tore through Ventura and Santa Barbara counties, killing two people and destroying hundreds of buildings.
It paid US$2.2 billion for the 2018 Woolsey Fire that burned through Los Angeles and Ventura counties, killing three people and damaging more than 1,600 buildings.
Investigators probing the deadly Eaton Fire, one of two blazes that ripped through Los Angeles at the start of this year, are homing on in SCE transmission lines as a possible source of ignition.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Bernie Madoff customers set to recoup US$498m, total payouts now top US$15b
Bernie Madoff customers set to recoup US$498m, total payouts now top US$15b

Malay Mail

time3 hours ago

  • Malay Mail

Bernie Madoff customers set to recoup US$498m, total payouts now top US$15b

NEW YORK, June 5 — Former customers of the late Ponzi schemer Bernard Madoff will recoup US$498.3 million (RM2.1 billion) under a settlement on Wednesday with the liquidators of two Luxembourg funds, boosting their recovery to about US$15.26 billion. The Luxembourg Investment Fund and Luxembourg Investment Fund US Equity Plus had invested exclusively with Bernard L. Madoff Investment Securities for three years before Madoff's firm collapsed in December 2008. Irving Picard, the trustee liquidating Madoff's firm, said the US$498.3 million represents all transfers that the Luxembourg funds received from the firm. The funds will also give the Madoff firm's bankruptcy estate 15 per cent of proceeds from their lawsuit in Luxembourg against the Swiss bank UBS. They are expected to receive US$45.1 million on their own claim against the estate. The funds did not admit wrongdoing. Court approval is required, and a June 25 hearing has been scheduled. A lawyer for the Luxembourg funds did not immediately respond to requests for comment. Prior to Wednesday's settlement, Picard recovered US$14.76 billion for Madoff customers, whose losses he has estimated at US$17.5 billion. Payouts go to 2,656 customers whose claims he deemed valid. The payouts are separate from the US$4.3 billion awarded by the US government-created Madoff Victim Fund to 40,930 individuals, schools, charities and pension plans. These recipients included customers, and victims who lost money indirectly through Madoff, including in 'feeder funds.' Madoff concealed his fraud for decades before confessing to his sons one day after his firm's 2008 Christmas party. He pleaded guilty to 11 criminal charges and was sentenced to 150 years in prison, with the sentencing judge calling Madoff's crimes 'extraordinarily evil.' Madoff died in prison at age 82 in April 2021. — Reuters

DOGE in disarray: Leadership vacuum looms large after Musk exit
DOGE in disarray: Leadership vacuum looms large after Musk exit

Malay Mail

time4 hours ago

  • Malay Mail

DOGE in disarray: Leadership vacuum looms large after Musk exit

WASHINGTON, June 5 — The Department of Government Efficiency, the brainchild of Elon Musk that upended Washington with its rapid-fire drive to slash thousands of federal jobs and cut costs, is effectively leaderless now that the billionaire and his deputy have stepped down, US lawmakers heard on Wednesday. US President Donald Trump's budget chief, Russ Vought, told a congressional committee that efforts are under way to establish new leadership at DOGE, but its staff currently answer to Trump's cabinet secretaries. 'The Cabinet agencies that are in charge of DOGE, the consultants that work for them are fundamentally in control of DOGE,' Vought said. 'We're in the midst of establishing the leadership on an ongoing basis.' Vought's comments will only add to the uncertainty around the future of DOGE and its cost-cutting effort following Musk's announcement last week that he was ceasing work as a special government employee. A key lieutenant, Steve Davis, who was in charge of day-to-day running of DOGE, has also left. The White House has said that DOGE's mission will continue in the absence of Musk, who has since publicly broken with Trump over his sweeping tax cut and spending bill, calling it a 'disgusting abomination.' The rapidly receding power and influence of DOGE was almost unthinkable as recently as a few weeks ago when it dominated the political landscape in Washington with its aggressive push to fire a swath of government workers. Trump established DOGE to streamline what he says is a bloated and inefficient government. DOGE struggled to cut costs but was more successful in pushing thousands of workers to quit or take early retirement after threatening dismissal without benefits. It is unclear if DOGE and its cadre of young computer technicians will survive in Washington without Musk, especially as some members of Trump's cabinet have soured on DOGE's tactics. — Reuters

Trump's pricey visa fast-pass: US$1,000 fee proposed to cut queues, but State Dept lawyers flag Supreme Court precedents
Trump's pricey visa fast-pass: US$1,000 fee proposed to cut queues, but State Dept lawyers flag Supreme Court precedents

Malay Mail

time4 hours ago

  • Malay Mail

Trump's pricey visa fast-pass: US$1,000 fee proposed to cut queues, but State Dept lawyers flag Supreme Court precedents

WASHINGTON, June 5 — The Trump administration is considering a US$1,000 fee for tourists and other non-immigrant visa applicants seeking an expedited interview appointment though government lawyers have raised legal red flags over the plan, according to a US official and an internal State Department memo. Individuals entering the US on tourist and other non-immigrant visas already pay a US$185 (RM785) processing fee. The new US$1,000 option the US is considering would be a premium service that allows some people to jump to the front of the line for visa interviews. The programme could arrive in pilot form as soon as December, the memo reviewed by Reuters said. The proposed fee for visa appointments, which has not been previously reported, comes alongside President Donald Trump's vision of a 'gold card' that would sell US citizenship for US$5 million, granting faster access to those willing to pay. But the State Department's legal team said there was a 'high risk' it would be rejected by the White House budget office or struck down in US courts, the memo said. Setting a fee above the cost to provide the service 'is contrary to settled Supreme Court precedent,' the memo said. A State Department spokesperson said the department does not comment on internal documents and communications. 'The department's scheduling of non-immigrant visa interview appointments is dynamic and we are continually working to improve our operations worldwide,' the spokesperson said. Since taking office on January 20, Trump has aggressively cracked down on immigration, including revoking some student visas and increasing scrutiny of all visa applicants. The State Department issued 10.4 million non-immigrant visas in fiscal year 2023, including 5.9 million tourist visas, according to the agency's most recent annual report. International travel spending in the United States is expected to decline about 7 per cent in 2025 as opposition to Trump's policies and a strong dollar prompt foreign visitors to opt for other destinations, the World Travel and Tourism Council said in May. — Reuters

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store