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The Exchange 8/14/23

The Exchange

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The X-Price Foundation Offers $11 Million to Stop the Maui Wildfire

Maui wildfire expected to hit at least $8 to $10 billion in economic damages. Hawaii officials were warned about wildfire risk in Maui nearly a decade ago but failed to heed all the preventative recommendations according to the Wall Street Journal. Peter Diamandis: We need to reinvent how we detect and battle these increasingly deadly blazes. His foundation is offering $11 million to help make that happen.

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