American Clean Energy Security Act
An esoteric field of law has become exciting and important.
Energy law used to be an obscure niche subject. It was devoted to subjects like oil and gas leases, the proper inflation adjustments in utility rates, and depreciation schedules for power plants. Utilities were famously set in their ways, using nineteenth century technologies to produce and deliver their products. Only specialists really paid much attention. …CONTINUE READING
There’s been some good discussion of the pros and cons of the Waxman-Markey ACES bill at Ethan’s recent post criticizing cap-and-trade. One commenter worries that , whether or not the bill would ultimately succeed in reducing greenhouse emissions, the public perception of ACES is that it’s a corporate giveaway, which harms all efforts for environmental regulation. Red Desert …CONTINUE READING