Climate Change

FERC Orders Grid to Restrict State-Backed Renewables in Its Market

"After more than a year of delay, the two-Republican majority at the Federal Energy Regulatory Commission has told mid-Atlantic grid operator PJM how it must revamp its $10-billion-per-year capacity market. And at first glance, it could be even more harmful to state-subsidized renewable energy than previously imagined."

Source: Greentech Media, 12/20/2019

"Judge OKs Nearly $25 Billion For PG&E Fire Victims, Insurers"

"A federal bankruptcy judge on Tuesday approved two Pacific Gas & Electric settlements totaling $24.5 billion to help pay the losses suffered by homeowners, businesses and insurers in the aftermath of catastrophic Northern California wildfires that sent the nation’s largest utility into a financial morass."

Source: AP, 12/19/2019

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