The Park Fire Rages On: Which Companies Could Be Affected By California's Fourth-Largest Wildfire Ever?
The Park Fire Rages On: Which Companies Could Be Affected By California's Fourth-Largest Wildfire Ever?
The fire spread rapidly due to hot, dry conditions and dense vegetation. Due to the region's rugged terrain, firefighters face difficulties in managing the fire. This fire has become the fourth largest in California history and could surpass the third-largest Mendocino Complex fire.California has faced numerous wildfires in recent memory as climate change-induced weather wreaks havoc on the Golden State. Which companies could be affected by the ongoing Park Fire in Northern California?
随着气候变化引起的天气破坏黄金国家，加利福尼亚已经面临着许多记忆中的野火。有哪些公司可能会受到北加州持续发生的Park Fire的影响？
Park Fire Rundown: The Park fire, the largest wildfire currently burning in the U.S., has ravaged over 426,000 acres in Northern California, particularly within Lassen National Forest, according to the New York Times.
Park Fire概述：根据《纽约时报》报道，Park Fire是目前美国最大的野火，已经在加利福尼亚北部烧毁了超过426,000英亩的土地，尤其是在拉森国家森林内烧毁。
The fire, ignited by an arson attack on July 24 near Chico in Butte County, has destroyed hundreds of homes and structures and was 34% contained as of Wednesday.
这场大火于7月24日在Butte County的Chico附近的纵火袭击引发，截至周三已经摧毁了数百栋房屋和建筑物，火势已得到34%的控制。
The fire spread rapidly due to hot, dry conditions and dense vegetation. Due to the region's rugged terrain, firefighters face difficulties in managing the fire. This fire has become the fourth largest in California history and could surpass the third-largest Mendocino Complex fire.
这场大火在炎热、干燥的情况下迅速蔓延，加上茂密的植被，使得消防人员在扑灭大火时遇到了困难。这场大火已经成为加州历史上第四大火灾，可能超过第三大的门多西诺复合火灾。
Experts attribute its intensity to climate change's impact on California's weather conditions. The hotter, drier climate extended and worsened wildfire seasons.
专家们把它的强度归因于气候变化对加利福尼亚气象条件的影响。越来越炎热、干燥的气候延长和加剧了野火季节。
The fire is in a similar region to the deadly 2018 Camp Fire in Butte County.
这场大火发生的地区类似于2018年在Butte County发生的致命的Camp Fire。
Market Implications: California wildfires can negatively affect several companies, including those in the insurance, utilities and logistics industries.
市场影响：加利福尼亚的野火可能会对多家公司产生负面影响，包括保险、公用事业和物流行业的公司。
Hanover Insurance Group Inc (NYSE:THG) and Mercury General Corp (NYSE:MCY) each took hits in the aftermath of the 2018 Camp Fire.
Hanover Insurance Group Inc (NYSE:THG)和Mercury General Corp (NYSE:MCY)在2018年Camp Fire之后都受到了打击。
It is unclear what PG&E Corp's (NYSE:PCG) exposure is to the Park Fire. The utility provider, which supplies electricity to the region, confirmed that it left some customers without power. A failure in PG&E's electrical infrastructure caused the 2018 Camp Fire; the company later pleaded guilty to the deaths of 84 victims of the fire.
尚不清楚PG&E Corp (NYSE:PCG)对Park Fire的影响如何。为该地区提供电力的公用事业供应商确认，留下了一些顾客没有电力供应。PG&E电力基础设施的故障导致了2018年的Camp Fire火灾，公司后来对84名火灾受害者的死亡承认了犯罪。
Water utility firm California Water Service Group (NYSE:CWT) operates in Chico and nearby Oroville.
水务公司California Water Service Group (NYSE:CWT)在奇科和附近的奥罗维尔经营。
Union Pacific Corp (NYSE:UNP) seemingly operates railway lines close to the site of the fire. The lines connect Sacramento to the Pacific Northwest and Reno, Nevada.
联合太平洋公司 (NYSE:UNP)似乎在火灾现场附近运营铁路，连接萨克拉门托和太平洋西北部以及内华达州雷诺。
Also Read:
还阅读：
- As Tropical Storm Debby Hits South Carolina, Bettors Predict An Aggressive Hurricane Season: Will It Be The Worst Ever?
- 当Debby热带风暴袭击南卡罗来纳州时，博彩家预测这将是一个激进的飓风季节：它会是史上最糟糕的吗？
