DIRS.INFO The most relevant business & tech news

☆ Where Canada's 'super pigs' are most likely to invade the US — and potentially cause millions of dollars in damage
▼ + stars: | 2024-06-01 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +5 min

Read previewResearchers have warned that Canadian "super pigs" could soon invade the US, potentially causing millions of dollars in damage — and four states in particular are especially at risk. The researchers used data from GPS collars on feral pigs to follow their movement patterns and determine their invasion potential. Rodger Mallison/Fort Worth Star-Telegram/Tribune News Service/Getty ImagesBrook called the super pigs an "environmental train wreck." According to USDA estimates, feral pigs already cause $2.5 billion worth of damage to US agriculture annually. So, regardless of what you've heard, it's unlikely you can shoot your way out of a super pig invasion.

Persons: —, Ryan Brook, Rodger Mallison, John Kilgo, Brooks, you've Organizations: Service, Farmers, Business, University of Saskatchewan, Fort Worth Star, Tribune, USDA Forest Service Locations: Canada, Alberta , Saskatchewan, Manitoba, Montana , North Dakota, South Dakota, Minnesota, Stephensville , Texas, California, Texas, Florida, Americas, , Montana, South Carolina

☆ Goldman Sachs names top global stocks to play the coming power boom in AI and other areas
▼ + stars: | 2024-05-31 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

The artificial intelligence boom is fueling demand for power, with many tech companies rapidly developing infrastructure as they compete for dominance. Data centers house vast amounts of computing power needed for AI workloads, and are intense power-guzzling workhorses. But the need for power goes beyond data centers and other infrastructure, according to Goldman. Goldman cited studies which showed that AI data centers can consume up to 10 times the energy of their regular counterparts. Taiwan's tech industry extends across a "comprehensive global AI supply chain," with tech manufacturers consuming a "substantial" amount of power.

Persons: Goldman, — CNBC's Michael Bloom Locations: Asia, China, Taiwan, South Korea, India, South Korea's, Power, Australia

☆ Netflix Wins $8.8 Million in Fight Over Planned TV Series
▼ + stars: | 2024-05-31 | by ( John Carreyrou | More About John Carreyrou | ) www.nytimes.com time to read: +1 min

An arbitrator ruled in Netflix’s favor in a high-profile dispute between the streaming giant and the Hollywood director Carl Erik Rinsch over a science-fiction series that never aired, awarding the company nearly $9 million in damages. Mr. Rinsch had sold Netflix the television show, “Conquest,” near the height of the streaming boom in 2018, but he never delivered any episodes. Netflix had to write off the $55 million it had spent on the project — a fiasco that became a symbol of the era of profligate spending that Hollywood studios are trying to put behind them as they focus on increasing profits rather than simply adding subscribers. Netflix canceled the development of “Conquest” in early 2021 after Mr. Rinsch’s behavior turned erratic. In texts and emails to Netflix executives, he claimed to have discovered Covid-19’s secret transmission mechanism and told his wife, a producer on the show, that he could predict earthquakes and lightning strikes.

Persons: Carl Erik Rinsch, Rinsch Organizations: Netflix, Hollywood Locations: Netflix’s, ”

☆ Bird Flu Has Infected a Third U.S. Farmworker
▼ + stars: | 2024-05-30 | by ( Apoorva Mandavilli | ) www.nytimes.com time to read: 1 min

A third farmworker in the United States has been found to be infected with bird flu, heightening concerns about an outbreak among dairy cattle first identified in March. The worker is the first in this outbreak to have respiratory symptoms, including a cough, sore throat and watery eyes, which generally increase the likelihood of transmission to other people, federal officials said on Thursday. The other two people had only severe eye infections, possibly because of exposure to contaminated milk. All three individuals had direct exposure to dairy cows, and so far none has spread the virus to other people, Dr. Nirav Shah, principal deputy director of the Centers for Disease Control and Prevention, said at a news briefing.

Persons: Nirav Shah Organizations: Centers for Disease Control Locations: United States

☆ Goldman Sachs partner Beth Hammack to succeed Mester as Cleveland Fed leader
▼ + stars: | 2024-05-29 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

A Goldman Sachs executive and finance industry veteran will take over as the new president of the Cleveland Federal Reserve. The central bank district announced Wednesday that Beth M. Hammack, 52, will take over when Loretta Mester steps down June 30. In the interim, Cleveland Fed First Vice President Mark S. Meder will serve as the president. As the Fed contemplates its next moves with monetary policy, the Cleveland president plays an important role this year as a voter on the rate-setting Federal Open Market Committee. Hammack comes to the Cleveland Fed after serving with Goldman Sachs since 1993 in multiple roles, having been a partner since 2010 after being named managing director in 2003.

Persons: Goldman Sachs, Beth M, Loretta Mester, Hammack, Mark S, Beth, Heidi Gartland Organizations: Cleveland Federal Reserve, Cleveland Fed, Fourth, Cleveland, Market, Stanford University, University Hospitals

☆ The data center boom is leading to a power crunch. These stocks are ahead of the curve, TD Cowen analysts say
▼ + stars: | 2024-05-29 | by ( Pia Singh | ) www.cnbc.com time to read: +5 min

Several stocks are well-positioned to benefit from any power supply bottlenecks resulting from rapid growth in data centers, according to 11 analysts at TD Cowen who compiled a 169-page report. As a result, they're building data centers where power is available, investing in transmission lines and exploring the use of nuclear energy . Brookfield Renewable Partners , an international renewable power producer and developer, is another beneficiary of the data center boom. "The recently signed framework agreement... is a clear example of BEP's exposure to corporate [power purchase agreement] momentum associated with data center demand. That will contribute to the energy supply needed to power data centers.

Persons: Cowen, Michael Elias, Elias, FactSet, TD Cowen, Sean Steuart, it's, Cowen's David Deckelbaum, Coterra Organizations: Amazon, Oracle, Digital Realty Trust, Digital Realty, Digital, Brookfield Renewable Partners, Microsoft, Brookfield, NuScale Power Corp, Reactor, Regulatory, Energy, Coterra Energy Locations: Northern Virginia, Silicon, Tuesday's, U.S, Europe, Brookfield, Appalachia

☆ Alpacas test positive for H5N1 bird flu for the first time
▼ + stars: | 2024-05-28 | by ( Brenda Goodman | ) edition.cnn.com time to read: +1 min

CNN —Highly pathogenic avian influenza, sometimes called bird flu, has been confirmed in alpacas for the first time, according to the US Department of Agriculture’s National Veterinary Services Laboratories. The animals that tested positive were on a farm in Idaho where poultry had tested positive for the virus and were culled in May. The alpacas tested positive May 16, the USDA said in a news release. The gene sequence of viruses isolated from the alpacas shows that it is closely related to the H5N1 viruses that are currently circulating in dairy cattle. Scientists have closely watched the H5N1 virus for roughly two decades.

Persons: Dr, Sanjay Gupta Organizations: CNN, US Department of, National Veterinary Services Laboratories, USDA, CNN Health, Alpaca Owners Association, Scientists Locations: alpacas, Idaho

☆ Porsche reveals a new hybrid 911 as more consumers embrace hybrids over electric vehicles
▼ + stars: | 2024-05-28 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +4 min

They have become increasingly popular in the United States even as sales of purely electric models have started to slow. The German automaker Porsche, a division of Volkswagen AG, already sells plug-in hybrid models like the Cayenne e-Hybrid SUV and Panamera e-Hybrid four-door car, but a hybrid 911 is another matter. Initially, hybrid power will be available in only one version of the car, the high performance 911 Carrera GTS. In another major change for Porsche, this car will not be a plug-in hybrid, as other Porsche hybrid models have been. Besides hybrids, Porsche also sells fully electric cars, the Taycan and the new Macan Electric SUV.

Persons: CNN —, didn’t, Ferdinand Porsche Sr, Ferdinand “ Ferry, Ferry’s, Ferdinand “ Butzi Organizations: CNN, CNN — Porsche, Porsche, Volkswagen AG, Carrera, Volkswagen Locations: United States, Cayenne

☆ How to keep healthy and well over Memorial Day, according to a doctor
▼ + stars: | 2024-05-27 | by ( Katia Hetter | ) edition.cnn.com time to read: +7 min

CNN —Memorial Day is here, and soon summer will arrive. With Memorial Day gatherings getting underway in the US, how worried should people be about the coronavirus and bird flu? In addition, raw milk is not safe to drink. Moreover, one hypothesis for how avian flu is being transmitted is through raw milk. People should not consume unpasteurized milk or products made from raw milk.

Persons: CNN —, Leana Wen, Wen, Cook, We’ve, Stígur Már Karlsson, — Organizations: CNN, George Washington University, Covid, US Centers for Disease Control, US Food and Drug Administration, US Department of Agriculture Locations: United States

☆ China made so many solar panels that even its own grid can't support all the energy produced
▼ + stars: | 2024-05-24 | by ( Huileng Tan | ) www.businessinsider.com time to read: +4 min

China has made a lot of solar panels, dramatically lowering prices and helping the country's clean-energy transition. The problem is that Chinese manufacturers seem to have made too many solar panels, according to the US, the European Union, and their allies. China's facing its own overproduction problem at home following a breakneck pace of growth in solar energy — one key pillar of the country's "new three" economic drivers. Germany's energy prices are under pressure from too much solar energyIt's not just China getting hit by an excess of solar energy. Germany, too, has been producing so much solar energy that energy prices have fallen into negative territory when output peaks.

Persons: They're, Joe Biden, David Fishman Organizations: Service, European Union, Business, Reuters, Bloomberg, West, Longi Green Energy Technology, China Photovoltaic Industry Association, Lantau Group Locations: China, Beijing, overcapacity, Germany, that's

☆ Here's how U.S. health officials are responding to bird flu in humans after second case
▼ + stars: | 2024-05-24 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +7 min

Brandon Bell | Getty ImagesU.S. health officials are monitoring and preparing to combat bird flu in humans, even as they stress that the risk to the general public remains low. An Australian child was also recently infected with bird flu, the country announced on Tuesday. In rare cases, bird flu viruses spread to humans and can cause mild to severe symptoms that can require hospitalization. The Food and Drug Administration would need to approve bird flu vaccines before they roll out. Potential mRNA shotsU.S. health officials are also in talks with messenger RNA vaccine makers about potential bird flu shots for humans.

Persons: Brandon Bell, Andrew Pekosz, Pekosz, Peter Chin, That's, Hong Organizations: Getty, Disease Control, U.S ., Human Services Department, CNBC, Johns Hopkins Bloomberg School of Public Health, CDC, HHS, NBC News, UCSF Health, Drug Administration, FDA, Pfizer, Moderna Locations: Quemado , Texas, Michigan, Australian, U.S

☆ Djibouti fights deadly malaria wave with GMO mosquitoes
▼ + stars: | 2024-05-24 | by ( Nimi Princewill | ) edition.cnn.com time to read: +4 min

CNN —Genetically engineered mosquitoes have been released in the tiny East African country of Djibouti to combat a surge in malaria infections caused by an invasive vector. Unlike most malaria-transmitting mosquitoes in Africa that breed in rural areas, Anopheles Stephensi thrives in urban environments, intensifying the public health challenge for predominantly urban Djibouti. “This mosquito poses a huge threat to our fight against malaria,” said Grey Frandsen, CEO of US-owned biotechnology firm Oxitec, which developed the gene-modified mosquitoes released in Djibouti. ‘Using mosquitoes to fight mosquitoes’Dubbed a method that “uses mosquitoes to fight mosquitoes”, Oxitec’s genetic technology targets female mosquitoes, which are predominantly responsible for malaria transmission. Although the rollout of genetically modified mosquitoes in Djibouti is only the second in Africa, the idea is drawing more interest on the continent.

Persons: Anopheles, Stephensi, ”, Grey Frandsen, “ Anopheles, Ahmed Robleh Abdilleh, Oxitec, ” Abdilleh, Frandsen, Melinda Gates, “, Yoweri Museveni Organizations: CNN, WHO, Melinda Gates Foundation, World Health Organization Locations: Djibouti, Ethiopia, Somalia, Horn of Africa, Africa, “, Brazil, Burkina Faso

☆ Sweeping changes to America's aging power grid are on their way to help bypass NIMBY roadblocks and state infighting
▼ + stars: | 2024-05-23 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +9 min

America's power grid is old and stressed. The main problem: It takes way too long to build towering high-voltage power lines that carry electricity across state lines and to hook up new power to the grid. AdvertisementBut upgrading the power grid gets bogged down by several issues. A new rule issued by the Federal Energy Regulatory Commission this month is aimed at tackling some of the problems. If the US doesn't invest in regional transmission lines, customers will pay the price in the form of congestion and more life-threatening outages.

Persons: Brett White, Larry Gasteiger, Allison Clements, West Virginia —, Jeffrey Shields, PJM, Shields, Manu Asthana's, Asthana, Mark Christie, Neil Chatterjee, Chatterjee, Christine Powell, Chuck Schumer, Gasteiger Organizations: Service, Business, Energy, Princeton University, Federal Energy Regulatory, Democrat, Sierra Club, Republican, Department of Energy, DOE, FERC, Earthjustice's Clean Energy, University of Chicago, wouldn't Locations: Pine, States, Maryland, Pennsylvania, West Virginia, New Jersey, California

☆ Opinion | The End of Polio Is in Sight. What Have We Learned?
▼ + stars: | 2024-05-22 | by ( Richard Conniff | ) www.nytimes.com time to read: +2 min

The fight to eradicate polio has been long and difficult. But polio continues to this day disabling or killing children in some harder to reach parts of the world. The good news is that we are now on the cusp of eradicating this terrible disease everywhere and forever. Having used this strategy to stop polio, people in developing nations are already looking to apply those same tools against other diseases, both familiar and emerging. Because the communities are poor, and because families can lose patience with repeated visits focused only on polio, the workers also bring nutritional supplements, health information and other resources.

Persons: It’s, Osama bin Laden Organizations: Initiative, Gates Foundation, World Health Organization, Centers for Disease Control, Central Intelligence Agency Locations: United States, Afghanistan, Pakistan

For the first time, Sonos is set to launch a pair of wireless headphones. AdvertisementSonos Ace price and preorder detailsThe Sonos Ace are set to launch on June 5. SonosThe Sonos Ace are now available to preorder for $449 from Sonos' online store and Best Buy. Sonos Ace Headphones The Sonos Ace are the brand's first pair of wireless headphones. SonosThe Sonos Ace are packed with all the core features that we've come to expect from a pair of flagship wireless headphones.

Persons: Bose, Ray, Sonos, 1000XM5, Apple AirPods Max, soundbars, we've Organizations: Business, Bose, Sony, Apple, Dolby, Amazon, Sony WH

☆ Israel shuts down live camera facing Gaza under its restrictive new law
▼ + stars: | 2024-05-21 | by ( Jon Passantino | Hadas Gold | ) edition.cnn.com time to read: +2 min

“We urge the Israeli authorities to return our equipment and enable us to reinstate our live feed immediately so we can continue to provide this important visual journalism to thousands of media outlets around the world.”The Israeli military regularly classifies areas around Gaza as “closed military zones,” restricting movement there. The AP’s live feed provided a view of actions in Gaza, where no independent journalists are able to operate because of Israeli and Egyptian restrictions on entry to the strip. The Associated Press and Foreign Press Association did not immediately respond to a CNN request for comment. In a statement, Israeli Communications Minister Shlomo Karhi accused the AP of violating its new law by providing a feed to its thousands of news clients, including Al Jazeera. “The camera that was confiscated illegally broadcasts on the Aljazeera channel live the northern Gaza Strip, including the activities of the IDF forces and endangers our fighters,” Karhi said in a statement.

Persons: ”, Israel, Benjamin Netanyahu’s, Shlomo Karhi, Al Jazeera, ” Karhi Organizations: CNN, Associated Press, Foreign Press Association, United Nations, Israeli, Al, IDF, AP Locations: Gaza, Al Jazeera

☆ An Ohio power company wants data centers to pay their fair share of electricity use as demand surges amid the AI boom
▼ + stars: | 2024-05-20 | by ( Ellen Thomas | ) www.businessinsider.com time to read: +5 min

In a filing on Monday, AEP Ohio asked the state's public utilities commission to approve its proposals to create a new customer class and a set of tariffs specifically for data centers. On the other hand, data centers have created roughly "less than one" full time job per megawatt of energy consumed, the filing said. AEP Ohio's new service queue has been paused since March while the company assesses its response to the 30,000 megawatts of requests from data centers. "We believe some of that queue is speculative, but we want the real customers and counterparties to commit to Ohio," Reitter said. AdvertisementSome states, including Ohio, have a statute that allows power companies and data centers to seek approval for agreements that give the data centers heavily discounted electricity.

Persons: —, Marc Reitter, Reitter, counterparties Organizations: Service, AEP Ohio, Business, American Electric, AEP, —, AEP Ohio's, ratepayers Locations: Ohio, Columbus , Ohio, New York

☆ How Toyota's Tacoma became king of the U.S. midsize truck market
▼ + stars: | 2024-05-18 | by ( Robert Ferris | In | ) www.cnbc.com time to read: +2 min

The American pickup truck market is dominated by domestic brands, primarily Ford , Chevrolet , GMC and Ram . But the Toyota Tacoma shows how a foreign automaker can find and control a niche within that market. Toyota introduced the Tacoma in 1995 as a successor to the Toyota Pickup, famously known as the Hilux elsewhere in the world. What's more, of the some seven models in the midsize segment, Tacoma is the only one that comes with a long bed. Watch the video to learn more about how the Tacoma has stayed atop the midsize truck segment, and how it is working to meet the challenge of an expanding market.

Persons: Edmunds Organizations: Ford, Chevrolet, GMC, Ram, Toyota Tacoma, GM, Toyota, Tacoma, Toyota Pickup, Ford Motor, Chevrolet Colorado, U.S . Locations: Ram . U.S, America, U.S, Chevrolet Colorado, Tacoma

My condolences go out to the families that lost a loved one during yesterday’s severe weather event,” Gonzalez said. Over 531,000 customers in Harris County remain without power early Saturday following the line of storms, according to PowerOutage.us. “Isolated to scattered severe thunderstorms appear possible across portions of the Southeast and Carolinas on Saturday, and parts of the Upper Midwest,” the center said. The greatest chances for severe weather are across parts of Nebraska and Kansas, with a slight level 2 of 5 risk of severe thunderstorms issued by the Storm Prediction Center. By the end of the weekend, thunderstorm chances will diminish for most of the Southeast and Mid-Atlantic, the weather service said.

Persons: Samuel Peña, Harris County Sheriff Ed Gonzalez, Gonzalez, ” Gonzalez, David J, Phillip, –, Houston Mayor John Whitmire, ” Whitmire, Logan Riely Organizations: CNN, Houston Fire, Harris County Sheriff, Authorities, CenterPoint Energy, National Weather Service, Houston Mayor, Carolinas, Storm Prediction Locations: Houston, Southeast, Gulf, Harris County, Cypress , Texas, City, Texas, Louisiana, Houston , Texas, Mexico, Carolinas, Midwest, Plains, Nebraska, Kansas

☆ Houston could be without power for weeks after hurricane-force storms smash through
▼ + stars: | 2024-05-17 | by ( Paul Squire | ) www.businessinsider.com time to read: +1 min

At least 4 people are dead and almost 1 million are without power. AdvertisementA series of powerful thunderstorms packing hurricane-force winds smashed through Houston on Thursday, leaving at least 4 people dead and nearly 1 million without power. And damage to the grid could leave some parts of Texas's largest city without electricity for weeks, one county executive said. Harris County Judge Lina Hidalgo said on Friday that the storm flipped an 18-wheeler and toppled power transmission towers. This story is available exclusively to Business Insider subscribers.

Persons: Houston, —, Lina Hidalgo Organizations: Service, Business Locations: Houston, Texas's, Harris

☆ FLiRT variants threaten a summer Covid wave, but experts say the risk remains uncertain
▼ + stars: | 2024-05-17 | by ( Deidre Mcphillips | ) edition.cnn.com time to read: +7 min

FLiRT variants are offshoots of the JN.1 variant — all part of the broader Omicron family — that caused this winter’s wave. The mutations of the FLiRT variants make increased transmissibility — and a possible summer wave — a real threat. “We learned from the laboratories that FLiRT variants appeared, so far, to be as transmissible as the other Omicron subvariants, which means they’re really quite contagious. As of May 1, the requirement for all hospitals to report Covid-19 data to the federal government has expired. While the FLiRT variants pose some risk this summer, experts remain focused on what might happen in the fall.

Persons: CNN —, ”, Andy Pekosz, “ We’ve, William Schaffner, ” Schaffner, it’s, ” Pekosz, “, Dr, Sanjay Gupta, we’ve Organizations: CNN, US Centers for Disease Control, Data, Johns Hopkins Bloomberg School of Public Health, Vanderbilt University, Schaffner’s Vanderbilt University Medical Center, CDC, JAMA, CNN Health, JN, US Food Locations: United States, Covid

The storm also battered New Orleans overnight, with severe thunderstorms and flooding possible again Friday, according to the local branch of the National Weather Service. A home is severely damaged by a fallen tree after heavy winds and rains ripped through the region on May 17, 2024 in Houston, Texas. Across Houston, photos and videos on social media showed intense flooding and downed trees, as well as toppled electrical towers and power lines. Another video showed baseball fans leaving the stadium amid the bad weather. Strong winds appeared to have blown off roof panels at a Hyatt Regency Hotel in Houston, a video posted to X showed.

Persons: Melissa Phillips, Ike, Houston Mayor John Whitmire, Logan Riely, Harris, Lina Hidalgo, Hidalgo, Samuel Peña, Whitmire, Greg Abbott, Abbott, Brett Coomer, Jon Shapley Organizations: Hearst Newspapers, Getty, Houston Mayor, National Weather Service, Houston Independent School District, Houston Fire, Texas Gov, Texans, Facebook, Houston Astros, Hyatt Regency Locations: Parkway, West, Cypress, Texas, Houston, Romayor, New Orleans, Houston , Texas, Southeast Texas, Sowden, Houston's Harris County, Fargo Plaza

☆ At least 4 deaths in Houston, official says, as storms bring ‘life-threatening’ flood risk to Texas and Louisiana
▼ + stars: | 2024-05-16 | by ( Joe Sutton | Elizabeth Wolfe | ) edition.cnn.com time to read: +9 min

More than 100,000 are also in the dark in Louisiana as storms batter the state, as well. Parts of Texas and western Louisiana are under a rare Level 4 of 4 high risk of excessive rainfall Thursday, the Weather Prediction Center said. Major flooding has prompted water rescues in at least one Texas city. Texas and Louisiana have been in the bull’s-eye of seemingly unrelenting rounds of torrential, flooding downpours since the start of April. A tornado warning had been issued earlier Thursday evening in Harris County, including downtown Houston, according to the National Weather Service.

Persons: Samuel Peña, John Whitmire, Houston Mayor John Whitmire, Houstonians, what’s, Hurricane Harvey Organizations: CNN, Houston Fire, Hyatt, Weather Prediction, WPC, National Weather Service, Houston, KPRC, Houston Astros, Oakland Athletics, Houston Mayor, Centerpoint, METRO, Training, Florida Panhandle, Regional Climate Center ., Hurricane Locations: Houston, Hyatt Regency, Texas, Louisiana, Bryan, United States, Georgia, Waco, Mississippi, Lake Charles , Louisiana, Harris County, Harris, city’s, Gulf, Alabama, Florida, Shreveport , Louisiana

☆ Lessons of Past Pandemics Take on New Urgency as Bird Flu Looms - The New York Times
▼ + stars: | 2024-05-16 | by ( John M. Barry | ) www.nytimes.com time to read: +1 min

In 1918, an influenza virus jumped from birds to humans and killed an estimated 50 million to 100 million people in a world with less than a quarter of today’s population. For years it has been devastating bird populations worldwide and more recently has begun infecting mammals, including cattle, a transmission never seen before. In another first, the virus almost certainly jumped recently from a cow to at least one human — fortunately, a mild case. As they do, they must be cautious about the lessons they might think Covid-19 left behind. Two assumptions based on our Covid experience would be especially dangerous and could cause tremendous damage, even if policymakers realized their mistake and adjusted quickly.

☆ U.S. energy panel approves rule to expand transmission of renewable power
▼ + stars: | 2024-05-14 | by ( ) www.cnbc.com time to read: +6 min

Republican Mark Christie opposed the rule, dismissing it as a gift to solar and wind power operators. Many power companies and Republican-led states don't want to spend money on new transmission lines or upgrades for renewable energy, creating conflicts with Democratic states that have ambitious clean-energy goals. The rule is intended to streamline how power lines are sited and how costs are shared between states. It could accelerate construction of new transmission lines for wind, solar and other renewable power and add huge amounts of clean energy to the grid. The new rule "will improve regional transmission planning, break down barriers to grid buildout and support the delivery of more affordable and reliable power,″ Zaidi said.

Persons: Joe Biden's, Willie Phillips, Allison Clements, Republican Mark Christie, Phillips, Christie, ″, Biden, Ali Zaidi, ″ Zaidi, Clements, Heather O'Neill, Chuck Schumer, Schumer Organizations: Federal Energy Regulatory Commission, Democratic, Republican, Energy Department, FERC, Advanced Energy Locations: Washington, U.S

Search resuls for: "Transmission"

25 mentions found