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California Wildfire of 2017 Caused By Homeowner Equipment: Agency

In the report released Thursday by the state, one witness reported seeing a transformer explode. Another reported seeing the fire approach a PG&E power pole.

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California
An aerial view of properties destroyed by the Tubbs Fire is seen in Santa Rosa, California, Oct. 11, 2017. VOA

In a long-awaited report, state investigators said Thursday that a 2017 wildfire that killed 22 people in Northern California wine country was caused by a private electrical system, not equipment belonging to embattled Pacific Gas & Electric Corp.

The state firefighting agency concluded that the blaze started next to a residence. It did not find any violations of state law.

“I eliminated all other causes for the Tubbs Fire, with the exception of an electrical caused fire originating from an unknown event affecting privately owned conductor or equipment,” CalFire Battalion Chief John Martinez wrote in his report.

Some details about the property, including its owner and address, were blacked out of the report. It said the Napa County property about 3 miles (5 kilometers) north of Calistoga was built in 1946 on about 10.5 acres (4.2 hectares) with a wine cellar, pool and several outbuildings.

Wildfire
A statue stands among the remains of a home destroyed by the Tubbs Fire in Santa Rosa, Calif., Oct. 10, 2017. VOA

PG&E said in a Jan. 2 court filing that it believed a handyman performing unlicensed electrical work started the wine country fire. In that filing, it identified the owner of the Napa County compound as Ann Zink. The utility said it provided electricity to Zink’s property by a line that connected to a service riser but that Zink had a private system to carry power to other buildings as well as equipment such as a water pump and water storage tank.

PG&E said it had no responsibility to maintain or inspect the private system.

Zink, 91, told the San Francisco Chronicle in 2017 that her house was unoccupied at the time of the fire and she was at her other home in Riverside County when the blaze began.

PG&E bankruptcy filing

The Tubbs Fire was one of more than 170 that torched the state in October 2017. It destroyed more than 5,600 structures over more than 57 square miles (148 sq. kilometers) in Sonoma and Napa counties.

PG&E previously said it plans to file for bankruptcy protection next week, citing billions of dollars in potential damages from lawsuits linking its equipment to other deadly blazes for which it has been determined to be at fault.

Fire, CLimate Change, California, fossil fuels
Firefighters battle a wildfire as it threatens to jump a street near Oroville, California. VOA

The company said in a statement that despite Thursday’s finding, PG&E “still faces extensive litigation, significant potential liabilities and a deteriorating financial situation.”

Gov. Gavin Newson said it’s up to PG&E to decide whether to move ahead with a planned bankruptcy given that more than half of its expected damages stemmed from the 2017 Tubbs Fire.

He said his goal is not to rescue PG&E but to make sure victims are made whole, that the state has “safe, reliable and affordable service” and that rate payers “are not paying the price of the neglect” that has been established in past wildfires.

Newsom also said he doubts the report will end litigation related to the wildfire.

Michael Kelly, an attorney for victims of the fire, said the findings wouldn’t have much effect on the lawsuits he has filed.

“We’re going to stick by our guns,” Kelly said, adding that there are still questions about why PG&E didn’t cut power to the area despite a high fire danger. He said there is also evidence that contradicts the findings of state fire investigators.

California, Fire prevention, wildfires
A firefighter sprays the smoldering remains of a vehicle on Interstate 5 as the Delta Fire burns in the Shasta-Trinity National Forest, VOA

Reform, compensation

Trading of PG&E Corp. stock was halted twice after news about the cause of the fire prompted a surge of buy orders. Once trading resumed, the price rocketed up, closing up $5.96, or nearly 75 percent, at $13.35 a share.

A state senator said that just because a private electric line caused the wine country fire does not let the utility off the hook for the role of its equipment in other devastating fires in the state.

State Sen. Bill Dodd, a Napa Democrat, cited system-wide issues plaguing California’s largest utility.

Lawmakers are under pressure to find a solution that addresses utility reform and compensates wildfire victims.

Also Read: urance Claims From California’s Wildfire At $9 Billion

“This underscores the idea that we all have a role to play in wildfire prevention,” said Dodd a frequent critic of PG&E, who noted that the company has already been found at fault for more than a dozen other Northern California wildfires.

In the report released Thursday by the state, one witness reported seeing a transformer explode. Another reported seeing the fire approach a PG&E power pole.

One witness, Charlie Brown Jr. of Calistoga, said the electrical wiring leading from the property where investigators concluded the fire started had not been used in years. (VOA)

Next Story

List of Best Penny Marijuana Stocks

As interesting and profitable as marijuana stocks are, they are still mostly penny stocks, the fact that making money off of this little green plant is still considered illegal in countries

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marijuana, cannabis, penny stocks, stocks, USA, investment
Marijuana grows at an indoor cannabis farm in Gardena, California, Aug. 15, 2019. VOA

As interesting and profitable as marijuana stocks are, they are still mostly penny stocks. This probably has something to do with the fact that making money off of this little green plant is still considered illegal in countries like the United States.

We know some states are changing their laws, but nothing has changed federally just yet. This means investors have to deal with cash most of the time, and sometimes, they can’t take advantage of certain tax deductions. The money made from this industry cannot always be used to open a bank account.

As you can see, there are many obstacles to overcome in this industry.

Some of these factors make it even more important for potential investors to pay attention to the penny stocks they do take a chance on. The following is a list of some of the best penny stocks available today.

1. InMed Pharmaceuticals Inc

When it comes to drug development and commercialization, there are only a few companies that can be compared to this company.

InMed Pharmaceuticals Inc. focuses on Cannabinoids, and they have invested a lot of time and effort into developing the therapeutic aspects of marijuana.

One thing the company is pretty proud of is the bioinformatics assessment tool. This tool allows technicians to figure out if a specific cannabinoid could address certain ailments.

The possibilities with this kind of targeted treatment are endless, which is attracting a number of investors around the globe.

marijuana, penny stocks, stocks, USA, investment
There is also the Aleafia Health stock that focuses on growing
and promoting medical cannabis clinics all around the US. Pixabay

At the moment, it seems like the company has made significant progress towards dealing with Epidermolysis bullosa, glaucoma, and it has also been working hard to address joint and muscle pains.

2. American Cannabis Company Inc.

The American Cannabis Company Inc. is considered the go-to company for entrepreneurs in the United States who are attempting to get into the business of selling marijuana.

Everyone knows that the business is setting itself up for a major boom in the coming years, even though it is already quite profitable.

This company understands that entrepreneurs don't always understand everything there is to know about cannabis, such as marketing it and navigating the current environment surrounding marijuana sales.

The American Cannabis Company Inc. is here to provide counsel, thanks to years of experience in the industry. It is here to provide marketing tools, branding information, and even help with staffing if needed.

Those interested in one of the best penny marijuana stocks out there should definitely pay close attention to this stock.

3. Auxly Cannabis Group

The Auxly Cannabis Group is an important company to watch out for. It is considered a cannabis royalty company, and the reason investors should keep an eye on it is because it is focused on helping growers start or expand their capacity.

If the marijuana industry is set to explode as more countries accept its usage, then there is going to be a need for growers who can provide.

Of course, the company does not only help other growers; it has also purchased its own farms as well.

marijuana, penny stocks, stocks, USA, investment
As interesting and profitable as marijuana stocks are, they are still mostly penny stocks. Pixabay

Projections say that these farms may end up producing up to 170,000 kilograms of marijuana in 2019 and the following year. Those kind of numbers have instilled the kind of faith any company wants to instill in possible investors.

4. Plus Products Inc.

Edibles are going to be an important part of the marijuana industry. These little things are fun, and people are loving them. At the moment, Plus Products Inc. is considered one of the fastest growing edible companies.

It continues to produce the kind of edibles that people want, hitting great numbers. Some of their best-selling edibles have seen great staying power and fend off competition.

It is safe to say that this company is putting a lot of work into the products they produce to make sure customers are happy.

It is currently selling its edibles in California, and that means the rest of the country is ripe for the picking, which means the potential for growth is undeniable.

ALSO READ: Daily Cannabis Use May Increase Risk of Psychosis

Plus Products Inc. is actually developing an even bigger facility that is going to be able to handle even more orders. It is safe to say that the company is foreseeing a huge spike in demand within the coming months or few short years. Investors interested in the the long game should definitely give this stock a try.

Of course, these are just some of the stocks that investors should keep an eye on, but there are more, such as MariMed Inc. that is more of an all-in-one consulting firm helping dispensaries and other players in the industry. There is also the Aleafia Health stock that focuses on growing and promoting medical cannabis clinics all around the US.

As mentioned earlier, the key here is to make sure each investor pays attention to each stock and what the company is attempting to do. We think one should only invest in a stock when the investor feels he or she can make an informed decision.