'California is America fast-forward,' writes one scholar. Does that mean that the dystopian infernos that have consumed parts of the state are simply a picture of what awaits the rest of America?
A bankruptcy filing always means there's not enough money to go around, but the process ensures both debtors and creditors are protected.
While critics accuse companies facing lots of lawsuits of using bankruptcy as a sort of 'get of jail free card,' the reality of the legal procedure is more complicated.
The electric utility is seeing rapid changes and threats that affect consumers, from more wind and solar to wildfires. How they react depends in large part on regulators.