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Author Topic: Hawaiian Electric, others agree to $4 billion Maui wildfire settlement  (Read 326 times)

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Offline rangerrebew

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Hawaiian Electric, others agree to $4 billion Maui wildfire settlement
« on: August 03, 2024, 02:07:28 pm »

Hawaiian Electric, others agree to $4 billion Maui wildfire settlement
Story by Reuters • 15h • 1 min read

 
(Reuters) - Hawaiian Electric Industries is among the defendants who have agreed to pay $4 billion to settle lawsuits over the deadly Maui wildfires, the company said on Friday.

The utility operating on the island and its parent, Hawaiian Electric, are liable for $1.99 billion of the amount before tax, which includes $75 million previously contributed to the One Ohana Initiative.
 
Settlement payments will begin after judicial approval and are expected to be made from mid-2025, Hawaiian Electric said in a statement.

Hawaiian Electric and defendants including county officials faced lawsuits over the blazes that tore through Maui last year, killing at least 100 people, destroying thousands of properties and causing damage estimated at $5 billion.

https://www.msn.com/en-us/news/us/hawaiian-electric-others-agree-to-4-billion-maui-wildfire-settlement/ar-AA1o9QYn?ocid=msedgdhphdr&cvid=0f4f1e197c3e4037e03f72faaf02be24&ei=18
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The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address

Offline rangerrebew

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Re: Hawaiian Electric, others agree to $4 billion Maui wildfire settlement
« Reply #1 on: August 03, 2024, 02:10:31 pm »
There is something wrong with this.  The liberal media, liberal politicians, eco-scaremongers, and rinos everywhere assured the world this was the result of climate change.  So why is the electric company paying? *****rollingeyes*****
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The unity of government which constitutes you one people is also now dear to you. It is justly so, for it is a main pillar in the edifice of your real independence, the support of your tranquility at home, your peace abroad; of your safety; of your prosperity; of that very liberty which you so highly prize. But as it is easy to foresee that, from different causes and from different quarters, much pains will be taken, many artifices employed to weaken in your minds the conviction of this truth.  George Washington - Farewell Address
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