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Warren Buffett: Warren Buffett's PacifiCorp faces $30 bln new wildfire claims

A utility owned by Warren Buffett s Berkshire Hathaway is facing $30 billion in new claims blaming it for causing Oregon wildfires in 2020, nearly four times the maximum loss it had projected. One thousand victims filed claims against PacifiCorp in a state court in Portland, each seeking up to $5 million for actual losses and up to $25 million for non-economic losses. PacifiCorp is appealing a previous jury order to pay $90 million for gross negligence. Berkshire Hathaway Energy, which owns 92% of PacifiCorp, has not commented on the new claims. ....

United States , Environmental Protection Agency , Carbon Power Plant ,

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