Southern California Gas Co raised the estimated cost of the massive leak at its Aliso Canyon natural gas storage facility in Los Angeles between October 2015 and February 2016 to $1.071 billion as of March 31. That is up about …
The warning couldn’t have been clearer. As PG&E Corp. plunged into bankruptcy last month, S&P Global Ratings slashed credit grades almost to junk status for California’s two other big electric utilities, owned by Sempra Energy and Edison International, and said …
Call it the invisible spill. You can’t see it, but it’s there — a steady stream of natural gas seeping out of the pipe casing in a well in Southern California that may spew as much greenhouse gas into the …