Officials from California and Pacific Gas and Electric are expected to decide whether to set aside $12 billion to overhaul the cooling system of the company's Diablo Canyon nuclear plant. The facility's current cooling system releases billions of gallons of warm seawater and damages marine life, according to state regulators. The company, which has until the end of 2024 to finalize any changes to the plant, said costs associated with the potential project would be shouldered by its customers.

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