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A California utility blamed for igniting several wildfires that killed dozens and destroyed thousands of homes has agreed to pay $1 billion to local governments.Â
Gov. Gavin Newsom is proposing to throw a financial lifeline to California's biggest electric companies dealing with the results of disastrous wildfires.Â
California regulators have begun proceedings to consider fines against Pacific Gas & Electric Co. for its role in a devastating series of 2017 wildfires.Â
