Building a circuit breaker that can handle 14 megavolts of DC seems improbable to me.
Not sure what the alternative would be for really high voltages? Vacuum insulated switchgear seems to be a hot topic at the moment, but not sure how it'd work with such extreme voltages?
Obviously you engineer the convertor stations to minimize the chances of that happening - stopping the convertors automatically if anything looks abnormal. The cable has sufficient capacitance that you have multiple milliseconds to respond, so automated systems should have no difficulty.
How is that different from a fuse?
If it's cost effective then go for it. But the specific thing they're skeptical about is whether a 14MV 750A fuse will be cheap enough.