Berkshire Defends Plan to Invest $8B In Texas Natural Gas Plants
At a shareholders meeting this week, Berkshire Hathaway executives defended the firms' plans to invest billions in Texas' natural gas industry. Reported by Reuters: Berkshire in March proposed building 10 natural gas-powered plants that would supplement the capacity...
Biden Admin Extends $8B+ in Loans for Power Grid Projects
The Department of Energy announced this week plans to offer $8 billion in loans for various power grid projects. From Reuters: The U.S. Energy Department said on Tuesday it is offering up to $8.25 billion in loans for companies to boost the power grid as part of the...
Jeff Bezos Supports Financing New Infrastructure Package With Corporate Tax Hike
Amazon chairman Jeff Bezos threw his support behind hiking corporate tax rates to pay for a new infrastructure package, according to a statement released last week. Bezos didn't specifically endorse Biden's $2+ trillion package. Amazon would stand to benefit from...
In Wake of Water Plant Cyber Attack, Feds Fund Research on Protecting Critical Infrastructure
The Department of Homeland Security is funding a grant for researchers to study vulnerabilities in critical infrastructure in the U.S. The funding comes on the heels of a cyber attack on a Florida water treatment plant, and the looming specter of hackers taking...