California utility company PG&E announced Friday it has reached an $11 billion settlement with a group of insurers for its role in deadly 2018 wildfires.
Why it matters: PG&E faired well considering insurers were initially seeking $20 billion to pay for the cost of claims, says the Financial Times. The current settlement will cover 85% of claims.
The big picture: Cities, especially those in the first wave to receive e-scooters, have been hamstrung in responding to unsanctioned, unregulated rollouts that call to mind Uber's playbook.
The third Democratic primary debate in Houston had little discussion of climate change and energy, but still lent itself to some hot takes.
The big picture: Climate is stitched into the fabric of 2020 now. Beyond the whopping 5 minutes or so of direct discussion, many candidates wove climate into their mini-stump speeches and answers on other topics.
The proposal by the Environmental Protection Agency (EPA) to roll back regulations on methane emissions not only poses environmental risks, but also jeopardizes new leak-detection technologies that could create high-paying jobs nationwide.
Why it matters: Reducing emissions of methane — a greenhouse gas with a global warming potential up to 34 times that of carbon dioxide over 100 years — is critical to maintaining the emissions advantages of natural gas over coal, especially as U.S. exports of liquefied natural gas (LNG) grow.
