US politics
fromWIRED
1 month agoTrump's Policies Are Creating Uncertainty for Fossil Fuel Companies
New regulations favor extractive industries over renewable projects, raising uncertainties for fossil fuel producers.
The unprecedented blackout that brought the Iberian peninsula to a standstill was caused by surging voltages triggering a chain reaction of disconnections within Spain's power network.
"On a blustery day in mid-May, a herd of cattle grazed against the snow-dusted slopes of the La Sal Mountains... the splintered remains of all the juniper and piñon trees that had been attacked and viciously shredded by a hydromower."
That money was spring loaded to flow now, said Javier Rúa Jovet, public policy director for Puerto Rico's Solar and Energy Storage Association. He and others criticized the move.
This case is about precisely the sort of conduct, including concerted efforts to reduce output, which have long been condemned under the antitrust laws.
We've heard nothing from industry about which of those scenarios might happen with the RTS switch-off, and it could be a combination of different issues.
Calderon stated that she introduced AB 942 to address concerns about energy credits for rooftop solar owners, admitting that a significant majority benefited from these incentives.