FILE - A trike stands near the burnt remains of a building destroyed by a wildfire near the Lake Detroit Market in Detroit, Ore., Sept. 11, 2020. A jury verdict that found power company PacifiCorp liable for devastating wildfires in Oregon in 2020 is highlighting the legal and financial risks utilities face if they fail to take proper precautions for climate change. (Mark Ylen/Albany Democrat-Herald via AP, File)
June 19, 2023
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June 19, 2023 midnight
Verdict in Oregon wildfires case highlights risks utilities face amid climate change
Utilities, especially in the U.S. West, are increasingly finding themselves in a financial bind that's partly of their own making, experts say.