Tag Archives: Camp Fire

Was Global Warming A Significant Factor in California’s Camp Fire? The Answer is Clearly No. By Cliff Mass

It’s a stretch beyond the breaking point to blame California’s Camp Fire on global warming. This analysis won’t get much attention because it’s a careful analysis of the available facts. From Cliff Mass at cliffmass.blogspot.com:

The Camp Fire that struck the northern California town of Paradise and vicinity is a profoundly disturbing environmental disaster of first magnitude.  Nearly 100 people have lost their lives, approximately 10,000 homes have been lost, a major community has essentially been destroyed, and millions of people have been exposed to high concentrations of smoke.  Tens of thousands of people have been displaced and lives of millions substantially affected.

And beyond the heart-wrenching losses noted above, it is doubly tragic that this disaster was both foreseeable and avoidable, resulting from a series of errors, poor judgment, lack of use of available technology, and poor urban planning.

It is more than unfortunate that some politicians, environmental advocacy groups, and activist scientists are attempting to use this tragedy as a tool for their own agenda, make the claim that the Camp Fire was result of global warming.

As I will discuss below, this claim has little grounding in fact or science.  Global warming is a profoundly serious threat to mankind, but it has little impact the Camp Fire and many of the coastal California fires of the past few years (e.g., the Wine Country Fires of October 2017).  And blaming global warming takes attention away from the actions needed to prevent such  tragedies from happening again.

Continue reading

Will PG&E Have to File for Bankruptcy Protection? by Leonard Hyman and William Tilles

PG&E’s shares are plunging because it could potentially have huge liabilities from California’s Camp Fire. Bankruptcy is a real danger. From Leonard Hyman and William Tilles at wolfstreet.com:

For investors there is little clarity through the smoke and haze.

The common shares of Pacific Gas & Electric [PCG] plunged nearly 22% to $25.59 on Wednesday and are now down 47% since November 8, when the “Camp Fire” began near the city of Paradise, Butte County, in Northern California.

This repeats and continues a scenario that commenced in the fall of 2017, with the wildfires that ravaged parts of the countries of Sonoma and Napa, north of San Francisco. At the time, the shares plunged from around $70 on October 11 to about $38 by February 8. Then they recovered some until the next fire hit (data via YCharts):

Continue reading