California set to fine utility $2.25 billion for deadly pipeline failure

  Tuesday, May 7th, 2013 Source: CNN

California regulators recommended a record $2.25 billion fine for the state’s largest utility Monday in the gas pipeline explosion that killed eight people in a San Francisco suburb. If approved by the California Public Utilities Commission, the proposed fine for Pacific Gas and Electric would be the largest ever imposed by a state regulator. Jack Hagan, the head of the agency’s safety and enforcement decision, said "every penny" should go toward safety improvements.

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