Since inflation began bursting higher last year, large U.S. companies have found a simple way to keep making record profits: Pass all those price increases along to customers.
Power outages from severe weather across the U.S. have doubled over the past two decades, as a warming climate stirs more destructive storms that cripple broad segments of the nation’s aging electrical grid, according to an Associated Press analysis of government data.
Entergy has proposed a new project to give backup generators to grocery stores and other commercial customers across the state to form microgrids that can be used during outages and peak demand times, but Entergy wants the rest of its customers to pay for them.
The National Hurricane Center today released its final report on Hurricane Ida, which struck Louisiana on Aug. 29 of last year, finding that the storm’s 150 mph winds tied Ida with Laura from 2020 and the Last Island Hurricane of 1856, WAFB-TV reports.