Buried electricity cables ‘4.5 times more expensive than overhead lines’

Buried electricity cables ‘4.5 times more expensive than overhead lines’

Underground electricity cables are on average 4.5 times more expensive than overhead lines, an independent group of experts has found. The report, overseen by the Institution of Engineering and Technology (IET), explored the cost of the different technologies that may be deployed to transport electricity across Britain in the next decade, such as underground cables,…

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Bezos Earth Fund Cuts Ties With Climate Standards Group,...

Bezos Earth Fund Cuts Ties With Climate Standards Group,…

(Bloomberg) — Amazon.com Inc founder Jeff Bezos’ $10-billion Earth Fund has ended its support for the Science Based Targets initiative, the main verifier of corporate climate targets, the Financial Times reported. The billionaire’s philanthropic entity has halted backing for the group following complaints by SBTi staff about its influence, the report said. It’s also seen…

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