“FERC appears to have ignored the track record of top-down state and regional climate policies, which have increased costs and negligibly impacted the environment.”
“Prior to providing a blanket endorsement for state carbon pricing, the commission needs to hear from families, small businesses, and workers who will pay substantially more for electricity.”
Last week, the Federal Energy Regulatory Commission (FERC) announced that President Trump had replaced then-Chairman Neil Chatterjee with Commissioner James Danly. Media reports suggested that the President’s decision to swap Republican Commissioners – both of whom he had nominated – was driven by dissatisfaction with Chatterjee’s push to accommodate state carbon dioxide (CO2) taxation.
Background
The change followed an unusual move by FERC to host a September 30 Technical Conference on Carbon Pricing in Organized Wholesale Electricity Markets.…