Coastal Latest & Greatest: $1 Billion, 3 Ways to Restore the Coast
A weekly round-up of what’s new in Louisiana coastal restoration Every dollar spent brings us closer to a sustainable coast to protect our communities, jobs and way of life. Here are the dollars that matter from this week: 1) $488 million. Mark Schleifstein’s Times-Picayune article, “Canadian firm chosen to design Mid-Breton sediment diversion,” speaks to the progress being made on this land-building sediment diversion. “The state's 2017 coastal master plan update predicts the diversion would build nearly 83 square ...
Read The Full StoryThe post Coastal Latest & Greatest: $1 Billion, 3 Ways to Restore the Coast appeared first on Restore the Mississippi River Delta.
Coastal Latest & Greatest: $1 Billion, 3 Ways to Restore the Coast
A weekly round-up of what’s new in Louisiana coastal restoration Every dollar spent brings us closer to a sustainable coast to protect our communities, jobs and way of life. Here are the dollars that matter from this week: 1) $488 million. Mark Schleifstein’s Times-Picayune article, “Canadian firm chosen to design Mid-Breton sediment diversion,” speaks to the progress being made on this land-building sediment diversion. “The state's 2017 coastal master plan update predicts the diversion would build nearly 83 square ...
Read The Full StoryThe post Coastal Latest & Greatest: $1 Billion, 3 Ways to Restore the Coast appeared first on Restore the Mississippi River Delta.
Court Stops Trump Administration Attempt to Delay BLM’s Waste Prevention Rule
Court Stops Trump Administration Attempt to Delay BLM’s Waste Prevention Rule
EDF Climate & Energy @EDFEnergyEX
EDF Climate & Energy @EDFEnergyEX
EDF Climate & Energy @EDFEnergyEX
Gloomy forecast for FirstEnergy
Dark clouds are gathering above FirstEnergy’s bailout attempts.
For past newsletters and other updates, you can always visit our FirstEnergy landing page.
The DOE balked, but rumors began swirling a few weeks ago that the option might be back on the table.
Bruce Walker, head of the Office of Electricity Delivery and Energy Reliability, just quashed the rumors once and for all: “We would never use a 202 to stave off an economic issue. That's not what it's for." Cloud B: West Virginia A full-fledged economic storm has hit FirstEnergy in West Virginia.
Last newsletter, we commented on how the Federal Energy Regulatory Commission (FERC) rejected the utility’s request to transfer one of its coal plants to a regulated subsidiary in WV. The proposed deal, which would have forced West Virginians to pay to keep the uneconomic plant running, was projected to cost customers nearly half a billion dollars over 15 years.
Having lost its subsidy battle, the company announced it will close the coal facility. That’s how competitive markets are designed to work – unprofitable units shut down.
Meanwhile, in a case now being challenged before the Ohio Supreme Court, the state commission had offered FirstEnergy a $600-million, use-as-you-like subsidy. Even the commission chairman called the move “unconventional.” The Ohio bailout distorts the competitive market, discourages other generators from building new plants, raises costs for customers, and allows more pollution to spew from dirty and uneconomic power plants.
Ohio regulators could learn a thing or two from their West Virginia neighbors. Cloud C: Ohio Fortunately, cleaner air is on the horizon for West Virginia, and winds of change even appear to be blowing around FirstEnergy’s nuclear bailout bill in Ohio.
Proponents of the plan used to appear confident, hopeful that FirstEnergy’s political power would guarantee passage. Yet a multitude of opponents – ranging from manufacturers to AARP to the Alliance for Energy Choice (to us) – have vociferously and relentlessly argued against the measure.
Now, according to The News-Herald, state Sen. John Eklund, who introduced the legislation last year, “admits it’s an ‘uphill climb.’” Cloud D: Tax reform Last month, the Public Utilities Commission of Ohio (PUCO) wondered whether power companies could “pass benefits resulting from the [tax reform] legislation on to rate payers.” Translation: If electric utilities are getting a big tax break, can they send those savings on to customers through lower rates? (Ohio utilities don’t wanna.)
EDF and other environmental groups officially chimed in and suggested that, yes, utilities should pass the money back to customers. The companies might also consider modernizing the electric grid to further benefit their customers.
The true kicker: By providing utilities with a windfall, the tax reform undermines utility arguments for bailouts. Yet another cloud in FirstEnergy’s subsidy sky. --> --> Copyright © 2018 Environmental Defense Fund |Energy, All rights reserved.
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Gloomy forecast for FirstEnergy
Dark clouds are gathering above FirstEnergy’s bailout attempts.
For past newsletters and other updates, you can always visit our FirstEnergy landing page.
The DOE balked, but rumors began swirling a few weeks ago that the option might be back on the table.
Bruce Walker, head of the Office of Electricity Delivery and Energy Reliability, just quashed the rumors once and for all: “We would never use a 202 to stave off an economic issue. That's not what it's for." Cloud B: West Virginia A full-fledged economic storm has hit FirstEnergy in West Virginia.
Last newsletter, we commented on how the Federal Energy Regulatory Commission (FERC) rejected the utility’s request to transfer one of its coal plants to a regulated subsidiary in WV. The proposed deal, which would have forced West Virginians to pay to keep the uneconomic plant running, was projected to cost customers nearly half a billion dollars over 15 years.
Having lost its subsidy battle, the company announced it will close the coal facility. That’s how competitive markets are designed to work – unprofitable units shut down.
Meanwhile, in a case now being challenged before the Ohio Supreme Court, the state commission had offered FirstEnergy a $600-million, use-as-you-like subsidy. Even the commission chairman called the move “unconventional.” The Ohio bailout distorts the competitive market, discourages other generators from building new plants, raises costs for customers, and allows more pollution to spew from dirty and uneconomic power plants.
Ohio regulators could learn a thing or two from their West Virginia neighbors. Cloud C: Ohio Fortunately, cleaner air is on the horizon for West Virginia, and winds of change even appear to be blowing around FirstEnergy’s nuclear bailout bill in Ohio.
Proponents of the plan used to appear confident, hopeful that FirstEnergy’s political power would guarantee passage. Yet a multitude of opponents – ranging from manufacturers to AARP to the Alliance for Energy Choice (to us) – have vociferously and relentlessly argued against the measure.
Now, according to The News-Herald, state Sen. John Eklund, who introduced the legislation last year, “admits it’s an ‘uphill climb.’” Cloud D: Tax reform Last month, the Public Utilities Commission of Ohio (PUCO) wondered whether power companies could “pass benefits resulting from the [tax reform] legislation on to rate payers.” Translation: If electric utilities are getting a big tax break, can they send those savings on to customers through lower rates? (Ohio utilities don’t wanna.)
EDF and other environmental groups officially chimed in and suggested that, yes, utilities should pass the money back to customers. The companies might also consider modernizing the electric grid to further benefit their customers.
The true kicker: By providing utilities with a windfall, the tax reform undermines utility arguments for bailouts. Yet another cloud in FirstEnergy’s subsidy sky. --> --> Copyright © 2018 Environmental Defense Fund |Energy, All rights reserved.
Want to change how you receive these emails?
You can update your preferences or unsubscribe from this list.
Hurricane Harvey Left Behind Staggering Costs and Devastated Families
Written by Moms Clean Air Force
This was written by Kate Zerrenner. This post originally published on EDF’s Texas Clean Air Matters: Texans are no stranger to the devastation of hurricanes. I still vividly remember, as a young child in Austin, being scared of Alicia in 1983 – and thankful that we lived...
New global underwriting standard for the buildings sector helps cities tackle pollution
Cities around the world are taking the lead on fighting climate change, making huge commitments to reduce pollution and meet the goals of the Paris Agreement. And it’s a good thing they are. According to C40 Cities Climate Leadership Group, 75 percent of global greenhouse gas emissions come from cities, and about half of this […]
The post New global underwriting standard for the buildings sector helps cities tackle pollution appeared first on Energy Exchange.
New global underwriting standard for the buildings sector helps cities tackle pollution
New global underwriting standard for the buildings sector helps cities tackle pollution
Cities around the world are taking the lead on fighting climate change, making huge commitments to reduce pollution and meet the goals of the Paris Agreement. And it’s a good thing they are. According to C40 Cities Climate Leadership Group, 75 percent of global greenhouse gas emissions come from cities, and about half of this […]
The post New global underwriting standard for the buildings sector helps cities tackle pollution appeared first on Energy Exchange.
New global underwriting standard for the buildings sector helps cities tackle pollution
New global underwriting standard for the buildings sector helps cities tackle pollution
Cities around the world are taking the lead on fighting climate change, making huge commitments to reduce pollution and meet the goals of the Paris Agreement. And it’s a good thing they are. According to C40 Cities Climate Leadership Group, 75 percent of global greenhouse gas emissions come from cities, and about half of this […]
The post New global underwriting standard for the buildings sector helps cities tackle pollution appeared first on Energy Exchange.