To the editor : Let me get this straight: Southern California Edison is opposed to a plan that would reduce the profits its shareholders receive in order to replenish a fund that exists to pay for the fire damage Edison’s equipment may have had a hand in causing ( “Newsom’s plan to raise $18 billion for state wildfire fund faces tough opposition,” July 31)? This from a utility whose negligence and mismanagement caused the Thomas and Woolsey disasters and possibly the Eaton fire. I don’t know which is worse: Edison’s unabashed greed or Gov. Gavin Newsom’s idea that customers should pay for Edison’s past and potential misdeeds. The entire proposal should be scrapped.

Bill Waxman, Simi Valley

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To the editor : Help me understand economics and politics: Southern California Edison

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