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The suits allege that downed power lines operated by the company contributed to the deadliest U.S. wildfire in more than a century. The wildfire risk posed by aboveground power lines is well documented. Lives lost, billions in damagesThe Maui fires have killed at least 115 people with hundreds still missing. But Mitchell said insulating aboveground power lines with a protective covering is also an effective solution that is cheaper and can be rolled out more quickly. There is also technology coming to market that can de-energize power lines automatically when there's a problem, he said.
Persons: Mike Blake, Fitch, Berkshire Hathaway's, Paul Starita, They're, Singleton Schreiber, Alexandra von Meier, von Meier, Marshall, Michael Dougherty, Bob Frenzel, Xcel, Berkshire Hathaway, PacifiCorp, aboveground, Scott Aaronson, Aaronson, Joseph Mitchell, Mitchell Organizations: Reuters Electric, Hawaiian Electric, National Weather Service, Hawaii Electric, . Pacific Gas & Electric, PG, Xcel Energy, U.S . Forest Service, University of California, Moody's, Fitch, Electric, Alcohol, Tobacco, Firearms, Explosives, Xcel, Marshall Fire, Marshall, Boulder, Labor, Fire, American Society of Civil Engineers, ASCE, The Edison Electric Institute, California Public Utilities Commission Locations: Lahaina, Maui, Hawaii, U.S, Maui County, Hurricane, California, Berkshire, Berkshire Hathaway's PacifiCorp, Oregon, Colorado, Berkeley, Minnesota, Boulder County, Paradise, Golden
This undated handout image shows the carbon sequesterization unit at American Electric Power Company's Mountaineer Plant near New Haven, West Virginia. REUTERS/Tom Dubanowich/Handout /File PhotoAug 8 (Reuters) - U.S. power plant owners warned the Biden administration on Tuesday that its sweeping plan to slash carbon emissions from the electricity sector is unworkable, relying too heavily on costly technologies that are not yet proven at scale. Proposed in May, the EPA plan would for the first time limit how much carbon dioxide power plants can emit, after previous efforts were struck down in court. Industry is particularly concerned about proposed standards for existing natural gas power plants, saying those facilities would be hard to retrofit with CCS, or hydrogen, due to space constraints and other limitations. The EPA's proposal had been crafted to reflect constraints the Supreme Court imposed on the agency after it ruled an Obama-era power plant proposal went too far by imposing a system-wide shift from fossil fuels to renewable energy.
Persons: Tom Dubanowich, Biden, EEI, Joe Biden, Jim Matheson, Nichola Groom, Valerie Volcovici, Sharon Singleton, Marguerita Choy Organizations: American Electric Power, Edison Electric Institute, U.S . Environmental Protection Agency, EPA, Task Force, Natural Resources Defense, National Rural Electric Cooperative Association, Labor, United Mine Workers of America, International Brotherhood of Electricity Workers, Thomson Locations: New Haven, West Virginia, U.S, Baltimore, Los Angeles, Washington
Companies Edison Electric Institute FollowJuly 31 (Reuters) - The top U.S. utility lobby group intends to push back on the Biden administration's proposals requiring upgrades to existing natural gas-fired power plants to curb climate-warming emissions, two sources familiar with the matter said on Monday. The power industry accounts for a quarter of the nation's greenhouse gas emissions, second only to transportation, according to Environmental Protection Agency (EPA) data. The rules would also regulate coal and new natural gas plants separately. It also said retrofitting those plants for CCS would be "difficult" due to space constraints and other limitations. EEI and others have until Aug. 8 to submit comments on the proposed rules.
Persons: Biden, Joe Biden's, EEI, Brian Reil, Nichola Groom, Valerie Volcovici, Sonali Paul Organizations: Edison Electric, Edison Electric Institute, Environmental Protection Agency, CCS, EPA, Thomson
Bill Gates, co-chairman of the Bill and Melinda Gates Foundation, during the EEI 2023 event in Austin, Texas, US, on Monday, June 12, 2023. Microsoft 's co-founder Bill Gates met President Xi Jinping on Friday, state media reported without offering any details. Their meeting comes a day after the billionaire philanthropist met Beijing's mayor to discuss a drug discovery partnership with China. The Bill & Melinda Gates Foundation — which Gates is the co chair of — announced Thursday a $50 million donation over the next five years into the Global Health Drug Discovery Institute established by his foundation. China can play an even bigger role in addressing the current challenges, particularly those facing African countries," Gates said.
Persons: Bill Gates, Melinda Gates, Xi Jinping, Gates, , Elon Musk, Jamie Dimon, Tim Cook, Antony Blinken, Biden Organizations: Melinda Gates Foundation, Microsoft, Global Health Drug Discovery Institute, SpaceX, JPMorgan, Apple Locations: Austin , Texas, China, Beijing
Bill Gates, co-chairman of the Bill and Melinda Gates Foundation, during the EEI 2023 event in Austin, Texas, US, on Monday, June 12, 2023. Microsoft 's co-founder Bill Gates will be meeting Chinese President Xi Jinping on Friday, Reuters reported Wednesday citing two sources familiar with the matter. CNBC reached out to China's ministry of foreign affairs but did not hear back at the time of publication. They discussed views on enhancing public health service and poverty reduction, according to China's foreign ministry. In March, Cook met China's minister of commerce Wang Wentao to discuss China's reopening and broader supply chain issues.
Persons: Bill Gates, Melinda Gates, Xi Jinping, Gates, Antony Blinken, Qin Gang, Blinken, Tim Cook, Elon Musk —, Cook, China's, Wang Wentao, Musk, Ding Xuexiang Organizations: Melinda Gates Foundation, Microsoft, Reuters, CNBC, U.S, Foreign, U.S ., U.S . State Department, Apple, Tesla Locations: Austin , Texas, China, Hainan province, Beijing, U.S
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