POV: Power Breakfast

Power Breakfast for April 6, 2015

Regional approach to climate change regulations urged; FERC leadership changing; Georgia pulls the plug on electric vehicles

POV: Power Breakfast

A nearly daily round-up of news for your consideration:

  • Energy industry leaders and regulators from several states are urging the Environmental Protection Agency to use regional markets to trade carbon credits in order to help states reduce emissions. From the St. Louis Post-Dispatch article:

    “…proponents of the regional credit markets say utilities should be allowed to buy carbon credits from states where it’s cheaper to curtail fossil fuel generation. Wholesale electricity markets already exist, and carbon credits wouldn’t be a difficult commodity to add. Credits would let plants continue to run, for a price, rather than mandating they burn less fuel.”

  • Federal Energy Regulatory Commission Chairman Cheryl LaFleur is stepping down April 15 as new chairman, Norman Bay, takes the reins amidst reliability concerns over the EPA’s aggressive emissions regulations, the Washington Examiner report says.
  • The Georgia legislature has ended a tax credit on electric vehicles and will add a $200 annual fee for owners to help offset lost gasoline taxes that help maintain roads, VICE reports. Critics fear the move will dampen the state’s EV sales and set a damaging example for other states.
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