Commentary

  • I’ve Got a Secret

    Why did the Environmental Protection Agency (EPA) drop the Cone of Silence around the good news about the continuing trend of improved air quality? The agency’s annual report of air quality trends was released in mid-March with barely a whisper. Even the major media outlets failed to report on the excellent results.

  • Going Coastal: The Case for Offshore Wind

    Offshore wind projects involve regulatory, technological, and economic challenges that are greater than those confronted by onshore wind projects. Overcoming these challenges will be necessary to permit offshore wind to achieve its full potential.

  • Socrates, Pharmacies, and Regulatory Conferences

    How do pharmacy product displays and regulatory conferences differ? A prominent regulatory thinker ponders the differences, and, ironically, the similarities.

  • Motivation: Reward Is in the Eye of the Beholder

    Motivating workers can be simple and low-cost: Make your employees feel valued and important.

  • Are Cap’n’Trade and a National RPS Dead?

    Data shenanigans and recent political developments in the U.S. suggest that the climate change frenzy is rapidly fading. Could the backlash also sink renewable energy portfolio standards?

  • Copenhagen: The Case for Climate Adaptation

    The U.S. Congress won’t pass anything that looks like a cap-and-trade or carbon tax approach to global warming anytime soon. What’s left? Adaptation, the low-tech, low-cost, slow-cooking, most-sensible policy approach.

  • TREND: Water, Water Everywhere—But Not in the U.S.

    Although hydro power in the U.S. is politically incorrect, even though it generates no greenhouse gases and is by far the largest renewable resource in the country’s generating mix, the rest of the world often has a more sanguine approach to using water to generate electricity. For example…

  • Electricity 2010: Opportunity Dressed as Hard Work

    In their February 10 “state of the industry” speech to the financial community, reprinted here with permission, Edison Electric Institute leaders summarized the challenges and opportunities in the year ahead.

  • Greens’ Nuclear Allergy and Its Carbon Costs

    Nuclear was such a target of the environmental movement that it embraced the “anything but nuclear” policy with abandon. Is the movement’s consideration of nuclear now a case of better late than never?

  • EPA’s Carbon Regs Challenged

    In his recent State of the Union address, President Obama made only a passing reference to the American Clean Energy and Security Act of 2009 (H.R. 2545) passed by the House some months ago. “I’m eager to help advance the bipartisan effort in the Senate,” was President Obama’s acknowledgement that the House approach to controlling carbon in the U.S. faces an uncertain fate in the Senate. However, the Environmental Protection Agency’s (EPA’s) endangerment finding, released on the eve of the Copenhagen meetings last December could be the unnoticed uppercut that follows a weak congressional jab at controlling carbon.

  • How Myths Distort Energy Policy

    Congress and various states are considering a fundamental restructuring and regulation of our energy policy. Any such effort should be based on facts, but legislators, unfortunately, incline to myths, such as the notion that most of our energy comes from oil.

  • Management Art and Management Science

    Is management a science? An enormous intellectual construct developed over the past century—by business schools, consultancies, and major staff components of business firms and government agencies—is dedicated to that proposition.

  • Interconnection Animus: Do Regulatory Procedures Create a “Tragedy of the Commons”?

    What’s the real “tragedy of the commons?” It is legal, regulatory, cultural, or political? And is there is way out?

  • For Utilities, Derivatives Is Not a Dirty Word

    Financial derivatives make sense for the electricity business, providing protection against price swings, and don’t require additional regulation.

  • For a Secure Energy Future, Obama Must Be Like Ike

    President Dwight David Eisenhower built the interstate highway system more than 50 years ago. Is it time for the U.S., when it comes to the electric power grid, to be like Ike?

  • Carbon-Cutting Solution: Dynamic Demand Technology

    Once upon a time, climate change felt like a distant threat on the horizon. Now it is happening in front of our very eyes. Across the world, global warming is sparking more intense heat waves, more flooding, and more droughts. If climate change continues at its current pace, the social, environmental, and economic costs don’t […]

  • No ‘Cash For Clunkers’ In Climate Bill

    Certain small utilities with some of the nation’s highest carbon dioxide emission rates want to change the climate bill pending before Congress to give themselves more allowances to emit carbon dioxide (CO2). This would be the ultimate “cash for clunkers” program for dirty power plants, with one key difference: Unlike the real program, in this case the clunkers would get to stay on the road. The Senate should reject this change.

  • Cap and Trade Allowances: Windfalls or Wind Farms?

    The commentary "No ‘Cash for Clunkers’ in Climate Bill" creates a fictitious history of climate change and seriously harms good faith efforts within the industry to address the legitimate issues many utilities have raised with the Waxman-Markey bill.

  • Time Out!

    If the basic science related to man’s contribution to a warming planet is based on flawed fundamental science, a conscious circumventing of the peer review process, political expediency, and refusing to release the fundamental data used by a computer program that has yet to replicate actual ambient temperatures, then it’s time to pause, take a breath, and regroup.

  • Power Politics: Enron Lives!

    As director of public policy analysis in my last seven years at Enron, I participated in many legislative and regulatory debates involving electricity, although the public policy thrust of the company was the opposite of what I believed. While I favored free markets, the business model of Ken Lay (a PhD economist with years of Washington regulatory experience) centered on special government favor. Enron, for example, had seven profit centers geared to government pricing/rationing of carbon dioxide (CO2) emissions. And in the 1990s, the company was squarely behind a Btu tax. Today, Enron would be pushing cap and trade.

  • Pay Attention to the Health Care Debate: It Can Restructure Your Company

    The ongoing congressional debate over national health care policy, regardless of the outcome, has important implications for employers who today provide health benefits to their employees. Company management must pay close attention to Washington discussions of health care and to the implications for their companies of what is eventually adopted.

  • The Beat the Copenhagen Clock Game

    U.S. Democrats in the White House and Congress are in an unseemly race to get something, anything, enacted into law before the December climate gab fest in Copenhagen. But it’s a fools’ game and unlikely to succeed.

  • Is Learning to Regulate Like Learning to Cook?

    What’s to learn about regulation from Julia Child and Michael Pollan, gurus of the food world? Plenty, says Scott Hempling of the National Regulatory Research Institute.

  • Belt Out Your Best and Overcome Your Doubts

    Don’t let your fears of inadequacy limit your ability to succeed in your life and career.

  • The New Nuclear Fuel Market

    If the planned expansion of nuclear power materializes, it will amplify demands on a nuclear fuel supply system that is only beginning to recover from decades of neglect.

  • Cracks in the Ivory Tower

    Environmental researchers from Harvard and Tsinghua Universities released a new study, published as the cover story in the September 11 issue of Science, suggesting that China could meet its entire future electricity needs through wind power alone. Studies that focus on a single technology as the silver bullet that solves all of our energy problems often ignore the practical side of their solutions, leaving mistaken impressions in the public mind.

  • Paving the Way for More Renewable Energy

    President Obama has set an ambitious goal of doubling renewable energy production in the U.S. within three years, which would spur the development of a clean-tech economy and address the challenge of climate change. There is just one problem: even if we achieve the president’s goal of producing more renewable energy, we have no way of actually delivering that energy to where it’s needed.

  • “There Is a New Sheriff in Town”—Get Ready for a More Aggressive OSHA

    The Obama administration’s “new OSHA” has a simple message for U.S. industry. This message has been delivered loudly and clearly by both Secretary of Labor Hilda Solis and Acting Assistant Secretary for Occupational Safety and Health Jordan Barab. Their message: “There is a new sheriff in town.” And we all know what sheriffs do. They aggressively enforce the law. That is exactly what the new Occupational Safety and Health Administration intends to do.

  • Climate Change Litigation: Ripe for Growth?

    For some time, the U.S. energy industry has feared the prospect of large-scale climate change litigation (CCL) that seeks to link emissions of greenhouse gases (GHG) to global warming. Thus far though, only a handful of such suits have been filed, and none has yielded any judgments against the energy industry. This begs the question of whether the energy industry can now stop worrying about CCL.

  • Global Warming Has Been Very, Very Good for Me

    If what we have seen this spring and summer is global warming, my farm says “bring it on.” That sense that there is no climate crisis may present the Obama administration with a difficult choice between energy or health care legislation this fall in Congress. Energy legislation likely will fail.