Natural disasters

The cost of climate change for PG&E is a warning to big business

Illustration of George Washington wearing firefighter's helmet
Illustration: Rebecca Zisser/Axios

A battle between California politicians and PG&E, the state's largest utility, is being waged over who should have to pay the price of wildfire damage in recent years.

Why it matters: Companies are being forced to deal with the consequences of a changing climate, which is leading to more frequent and destructive wildfires and other types of disasters than ever before. PG&E's situation is a warning to other power companies and businesses around the country.

Puerto Rico demands clarity from Trump on whether he'll redirect emergency funding for wall

Ricardo Rossello in TV interview.
Ricardo Rossello. Photo: Alex Wong/Getty Images

Puerto Rico Gov. Ricardo Rossello on Friday asked President Trump to clarify reports that he could declare a national emergency and redirect funds from natural disaster aid for Puerto Rico, California, and Texas in order to build a U.S.-Mexico border wall.

What he's saying: "No wall should be funded on the pain and suffering of US citizens who have endured tragedy and loss through a natural disaster ... Since the reports are coming from unidentified sources, [Trump] should explicitly state what his intent is."

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