Activists have lengthy argued that the Federal Energy Act and Pure Fuel Act could be interpreted to permit FERC to manage carbon emissions whe
Activists have lengthy argued that the Federal Energy Act and Pure Fuel Act could be interpreted to permit FERC to manage carbon emissions when it evaluates pipelines and energy charges. However for many years, FERC regulators from each events have disagreed.
The Federal Energy Act provides FERC duty to supervise interstate energy markets, but it surely should achieve this in live performance with the states, which retain final authority to determine which vegetation are constructed and shut down. The FPA doesn’t give FERC express environmental authorities, and even its most liberal member doubts whether or not the legislation could be learn to permit FERC to institute a value on carbon or different emissions laws.
“I am not fully satisfied at this level that we even have the authority to transcend what we have already been doing” to think about local weather change in energy markets, Democratic Commissioner Richard Glick instructed POLITICO this Might. “I feel it is a completely different state of affairs if a [regional grid operator] is available in and suggests to us that we should always approve a carbon [price] … than whether or not we should always affirmatively, aggressively go on the market and regulate greenhouse gasoline emissions by way of our ratemaking authorities themselves.”
Activists say Glick’s perspective exhibits why statutory adjustments are wanted. Moderately than a impartial overseer of the markets, they need FERC to take a extra lively…