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Stock impact report

Edison CEO: It's ‘certainly possible' utility sparked Eaton fire. But climate change made it worse [Los Angeles Times (CA)]

Edison International (EIX) 
Last edison international earnings: 4/30 04:05 pm Check Earnings Report
US:NYSE Investor Relations: edison.com/home/investors.html
Pizarro lives in Pasadena, not far from the charred remains of Altadena. His company's biggest subsidiary — the utility Southern California Edison, which supplies electricity to 15 million people — has been accused in dozens of lawsuits of igniting the fire. Should I just straight-up ask him whether the deadly conflagration was Edison's fault? Turned out I didn't have to. Pizarro brought up the blaze. “We still don't know whether Edison equipment caused the Eaton fire. It's certainly possible it did. I've pledged to be transparent with the public as we continue to investigate,” he said. “We've had a number of our employees impacted. This is heartbreaking for all of us,” he added. You can listen to my conversation with Pizarro — recorded at Edison headquarters in Rosemead — on the latest Boiling Point podcast, available on Apple Podcasts Spotify YouTube and other podcast apps. We talked about the January fires, the climate crisis, California's rising electric rates, the Trump Show less Read more
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