Utilities Are Becoming a Risky Business Thanks to Climate Change ...Middle East

(To get this story in your inbox, subscribe to the TIME CO2 Leadership Report newsletter here.) It’s been a long-standing investor assumption for decades: the electric utility sector acts as a ballast in a well-balanced portfolio. Investor-owned utilities are generally less volatile than companies in other sectors, and they tend to generate consistent profits, which they return to shareholders via dividends. [time-brightcove not-tgx=”true”] The Maui wildfires, which killed more than 100 people and caused billions in damages, are the latest in a string of similar catastrophes to test that assumption. The cause of the devastating inferno in Hawaii remains under investigation, bu

Hence then, the article about utilities are becoming a risky business thanks to climate change was published today ( Thursday 24/08/2023 - 09:08 PM ) and is available on Time ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Utilities Are Becoming a Risky Business Thanks to Climate Change )

Also on site :

• Moltbook, a social network where AI agents hang together, may be ‘the most interesting place on the internet right now’
• World Pickleball League 2026: Mumbai Picklepower go down to Bengaluru Jawana despite Brandon Lane's heroics
• INVESTOR DEADLINE: SLM Corporation a/k/a Sallie Mae (SLM) Investors with Significant Losses Have Opportunity to Lead Class Action Lawsuit, Robbins Geller Rudman & Dowd LLP Announces