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 >
April 20, 2020 12:21 PM EDT
I have asthma. It’s a private piece of medical information that I don’t normally share with people, but it makes the potential risks associated with exposure to the coronavirus all the more dangerous for me. But I’m not alone. 107 million people in the U.S. have pre-existing medical conditions like asthma and heart disease; the same pre-existing conditions that elevate their risk of facing a life-threatening situation were we to contract COVID-19. There are, however, tens of millions more house-bound Americans with a condition that is likely to be exacerbated by COVID-19: The energy burden.
December 17, 2019 1:34 PM EDT
The FERC (Federal Energy Regulatory Commission) decision expected Thursday will allow PJM to counteract the intended effects of state energy policies supporting nuclear and renewable energy. But the decision is expected to allow PJM to ignore a larger, and more common state policy protecting monopolies from competition. Read more >
Electric Companies Like Entergy Are Using Affiliate Transactions to Block Renewable Energy, Here’s How
December 11, 2019 12:38 PM EDT
Despite the environmental, economic, and reliability benefits of switching to a renewables future, New Orleans, Louisiana is being blocked by local utility monopoly, Entergy.