PALO ALTO, CA -JULY 12: Power line towers are shown July 12, 2002 in Palo Alto, California. The … [+] Federal Energy Regulatory Commission boosted the maximum price of electricity from $55.26 per megawatt hour to $91.87 in the wake of record-breaking temperatures for the week, including 112 degrees in Redding, California today. One megawatt is enough to power about 750 homes. (Justin Sullivan/Getty Images)Getty Images Amid much fanfare, in 2022, the City of Palo Alto, California, home to Stanford University, amended its building code to require that every new building within its borders be all electric. This followed the lead of the City of Berkeley, California, which had previously banned natural gas infrastructure in 2019. At the time, Berkeley considered its law a clever way to bypass any law that would prohibit the use of natural gas entirely, which, it no doubt recognized, might be legally uncertain despite the evident de… Click below to read the full story from Forbes
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