Waxman-Markey Bill’s Tentative Compromise on Renewable Energy Offers a Weak Standard

When Representatives Waxman and Markey introduced their energy bill concept, they included a requirement that utilities deliver 25% renewable-derived power by 2025.  According to the New York Times, a tentative agreement with Democrats unenthusiastic with the orginial proposal would reduce the target to 15% by 2020. And the 15% gets watered down even further.  States …


Customer Impacts From Waxman’s Cap & Trade? Let’s Not Exaggerate

In Wednesday’s New York Times, Felicia Barringer reports on pocketbook concerns related to the Waxman-Markey carbon cap and trade proposal as expressed by parishioners at St. Louis’ Greater Mount Carmel Baptist Church.  The article contains the following statement, attributed to a representative from the local electric utility: “Jaime Haro, Ameren UE’s director of asset management …