New Federal Rules Written to Increase Electric Supply Competition in New York
The U.S. Federal Energy Regulatory Commission issued orders imposing minimum bid prices on subsidized renewable energy resources in New York’s energy capacity market, increasing competition for power suppliers.
The U.S. Environmental Protection Agency has issued a new rule covering acid gas emissions from a few small power plants that reduce waste left behind from mining operations by burning it to produce electricity.
The U.S. Environmental Protection Agency is delaying the normally required shift to summertime gasoline blends after the coronavirus pandemic caused a plummet in demand, leaving, pipelines, refineries, and storage tanks full of winter-grade fuel.
Senate Democrats who passed Senate Bill 3150 which would impose a $40 per metric ton tax on of carbon dioxide emissions beginning in 2021, incrementally increasing the tax rate in stages to reach a price of $80 per metric ton by 2030.
The Trump administration finalized updates to the nation’s fuel economy standard, saying the new rule will better protect air quality, consumer choice, and public safety than the previous rule issued during Barack Obama’s presidency.