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Cost of delay

Californian wildfire consumes house 2018
AFP

Shares in the US power utility PG&E have fallen after it emerged that the firm delayed a safety overhaul of a high-voltage transmission line in California.

That transmission line is one possible cause for the deadly wildfire that swept California, killing 86 people last year.

PG&E filed for bankruptcy protection in January in anticipation of liabilities over the disaster.