Wed, 24 Apr 2024 04:36:48 GMT (1713933408001)
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California governor asks Warren Buffett to back dam removal
FILE - This March 3, 2020, file photo shows the Iron Gate Dam, powerhouse and spillway are on the lower Klamath River near Hornbrook, Calif. California Gov. Gavin Newsom has appealed directly to investor Warren Buffet to support demolishing four hydroelectric dams on a river along the Oregon-California border to save salmon populations that have dwindled to almost nothing. Newsom on Wednesday, July 28, 2020, wrote Buffet, urging him to back the Klamath River project, which would be the largest dam removal in U.S. history. (AP Photo/Gillian Flaccus, File)
LOS ANGELES (AP) — Gov. Gavin Newsom has appealed directly to investor Warren Buffett to support demolishing four hydroelectric dams on a river along the Oregon-California border to save salmon populations that have dwindled to almost nothing.
Newsom on Wednesday wrote Buffett, urging him to back the Klamath River project, which would be the largest dam removal in U.S. history.
The dams are owned by PacificCorp, an Oregon-based utility owned by Buffett’s Berkshire Hathaway conglomerate.
PacifiCorp agreed to transfer its hydroelectric licenses to a nonprofit corporation.
But two weeks ago, federal regulators required the utility to remain on board, threatening the deal.
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