Hawaiian Electric Soars After Statement: Power Lines “De-Energized” When Fire Started, by Tyler Durden

Add this to the ever-lengthening list of things about the Maui fire that just don’t add up. From Tyler Duren at zerohedge.com:

Hawaiian Electric Industries Inc. surged as much as 43% in premarket trading in New York after the utility released a statement: their power lines were de-energized for more than six hours in Lahaina when the “Afternoon Fire” broke out on Aug. 8 that ultimately leveled the resort town in West Maui.

Just last week, Maui County slapped Hawaiian Electric with a lawsuit, accusing the utility of negligence that sparked the devastating wildfire that leveled Lahaina and killed more than 100 people, with hundreds still missing. 

“We were surprised and disappointed that the County of Maui rushed to court even before completing its own investigation,” said Shelee Kimura, president and CEO of Hawaiian Electric. 

Kimura said, “We believe the complaint is factually and legally irresponsible. It is inconsistent with the path that we believe we should pursue as a resilient community committed and accountable to each other as well as to Hawaiʻi’s future. We continue to stand ready to work to that end with our communities and others. Unfortunately, the county’s lawsuit may leave us no choice in the legal system but to show its responsibility for what happened that day.”

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2 responses to “Hawaiian Electric Soars After Statement: Power Lines “De-Energized” When Fire Started, by Tyler Durden

  1. Dank meme spotted sarcastic Wonka template-insurance companies are refusing claims due to natural disaster but isn’t climate change man made? (h/t-FIR)

  2. Put your money down for the Responsibility Lottery

    Innocent – Natural Causes
    Incompetent – High Winds and electrical power lines
    Deliberate – Arson or Directed Energy Weapons

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