I sat down with Jigar Shah, founder of SunEdison — the “Kanye West of Solar” — to discuss what the future holds for BP and other major oil and gas companies that are looking to transition from being an O&G company into an energy company of the future. Read more >
Joseph's Latest Posts
September 17, 2020 1:41 PM EDT
July 13, 2020 11:27 AM EDT
When the COVID-19 outbreak began to spread, states across the country began to institute stay-at-home orders in an effort to help contain the virus and “flatten the curve.” At the same time, advocates in the utility world began to call for moratoriums to electric and gas shut-offs, so that a lack of financial resources would not threaten a family’s ability could shelter in place safely, especially as the economic crisis deepens. Now, utilities want to start collecting on unpaid bills and many state policymakers are thinking of capitulating to utility demands by lifting previously imposed bans on utility shut-offs.
May 28, 2020 7:00 AM EDT
Our new UCS report, Used but How Useful, How Electric Utilities Exploit Loopholes, Forcing Customers to Bail Out Uneconomic Coal-Fired Power Plants, found that utilities across 15 states in the heart of the U.S. exploited power market loopholes, costing customers $350 million in 2018. Read more >
May 18, 2020 11:46 AM EDT
Disaster capitalism exists. I know that. And the thing is, I don’t object to making money, even during a crisis. You shorted the oil market and made a killing when demand collapsed? No objections here. Invested in Peloton because you knew people would want to work out from home? Good for you.
What differentiates those hypotheticals from what I call “Crisis Vultures” is that Crisis Vultures are using the fog of COVID to avoid scrutiny as they push their unethical agendas. Read more >