VX News is the editorial voice of the annual VerdeXchange Conference, featuring in-depth interviews with industry leaders and policymakers driving innovation in clean energy, water, transportation, and climate policy.

With Sacramento letting SB 492 stall and California's strict inverse condemnation doctrine still leaving utilities liable for grid-caused wildfires regardless of negligence, PG&E and Edison International face mounting pressure on their cost of capital just as the state needs major grid investment. VX News here republishes Bloomberg Opinion energy columnist Liam Denning's analysis of why California's electric utilities are becoming uninvestable, and of the reforms that could shift wildfire risk away from ratepayers and toward insurance markets.

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Liam Denning: Green Spending Has a New Ally: Republicans

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Liam Denning on the Uncertain Future of the Natural Gas Industry

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Bloomberg Opinion's Liam Denning: Biden’s $9.2 Billion Ford Loan Is Aimed at China

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Bloomberg Opinion's Liam Denning Sees Climate Win in Proposed Permitting Reform

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Liam Denning on California's Grid Planning Dilemma

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Bloomberg's Liam Denning: California & Texas Fail the Power Test Together

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Bloomberg's Liam Denning: The Hydrocarbon Era's Spectacular End