Photo: Josh Edelson/AFP via Getty Images

PG&E's decision to turn the power off for nearly 2.7 million people as a precautionary measure to prevent California wildfires could cost the state as much as $2.5 billion, CNBC reports.

What's happening: The total will depend on whether the economic impact is solely based on residential customers, estimated at $65 million, or if commercial and industrial costs will be factored in, Michael Wara of the Stanford Woods Institute for the Environment says.

Per CNBC: "The dollar impact could be much higher if power isn’t restored in a timely fashion."

Our thought bubble, via Axios' Ben Geman: There are no other good options here. In this case, trying to prevent catastrophic fires is expensive in a system plagued by an aging and vulnerable infrastructure.

Go deeper

Federal judge blocks DOJ from defending Trump in Carroll rape defamation case

E. Jean Carroll in Warwick, New York. Photo: Eva Deitch for The Washington Post via Getty Images

A federal judge on Tuesday dismissed the Justice Department's attempted intervention on behalf of President Trump in writer E. Jean Carroll's defamation lawsuit against him, after she accused him of raping her in a dressing room in the mid-1990s.

Catch up quick: The agency argued that Trump was "acting within the scope of his office" as president when he said in 2019 that Carroll was "lying" about her claim.

Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Politics: Axios-Ipsos poll: Federal response has only gotten worse — The swing states where the pandemic is raging.
  2. Health: The coronavirus is starting to crush some hospitals — 13 states set single-day case records last week.
  3. Business: Where stimulus is needed most.
  4. Education: The dangerous instability of school re-openings.
  5. States: Nearly two dozen Minnesota COVID cases traced to 3 Trump campaign events.
  6. World: Unrest in Italy as restrictions grow across Europe.
  7. Media: Fox News president and several hosts advised to quarantine.

Pre-bunking rises ahead of the 2020 election

Illustration: Eniola Odetunde/Axios

Tech platforms are no longer satisfied with debunking falsehoods — now they're starting to invest in efforts that preemptively show users accurate information to help them counter falsehoods later on.

Why it matters: Experts argue that pre-bunking can be a more effective strategy for combative misinformation than fact-checking. It's also a less polarizing way to address misinformation than trying to apply judgements to posts after they've been shared.