Disasters

PacifiCorp Could Owe Billions After Verdict In Devastating Oregon Wildfires

"A jury on Wednesday ordered the electric utility PacifiCorp to pay punitive damages for causing devastating wildfires in Oregon in 2020 — on top of an earlier verdict already expected to amount to billions of dollars."

Source: AP, 06/15/2023

"Europe's Biggest Nuclear Plant - At Centre Of A War Zone And Dam Breach"

"A disastrous breach in Ukraine's huge Kakhovka dam has further stoked alarm over the safety of the nearby Russian-controlled Zaporizhzhia nuclear power plant, which has for months been a target of shelling due to its proximity to military front lines."

Source: Reuters, 06/14/2023

"Lawmakers Launch Probe Of Insurance Firms’ Funding Of Fossil Fuel Industry"

"As insurance companies scale back coverage in disaster-prone states because climate risks have become too costly, U.S. lawmakers have launched an investigation into seven major carriers for continuing to insure and invest billions of dollars in fossil fuel projects, according to documents obtained by The Washington Post."

Source: Washington Post, 06/12/2023

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