Legal & Regulatory

An abundance of North American natural gas, coupled with high foreign demand, has sparked interest in exportation of natural gas. However, liquefied natural gas (LNG) facilities are controversial. Some

In March 2013, and for the first time in the 35-year history of the Public Utility Regulatory Policies Act of 1978 (PURPA), the Federal Energy Regulatory Commission (FERC) initiated an enforcement action in

The backlash against renewable portfolio standards (RPSs) has begun in earnest. In more than 20 states across the country, efforts are afoot to freeze, water down, or repeal one standard or another.

The transformative increases in current and expected future domestic natural gas production have spawned yet another energy debate: Should the U.S. should export natural gas?

The Wall Street Journal ( WSJ) recently reported that 14 of the 29 states that have adopted a renewable procurement mandate are currently considering legislation that would “water down or repeal” the renewable set-aside. Proponents of repeal describe their motivation as simple economics: Renewable power increases costs to electric consumers.

If you were hoping that the U.S. Environmental Protection Agency’s (EPA’s) defeat last summer on aggregating small emissions sources under Title V of the Clean Air Act (CAA) meant a less-aggressive stance going forward, the agency has some bad news for you.

In February, the California Public Utilities Commission (CPUC) yet again missed an important opportunity to correct structural flaws that have plagued the state’s wholesale generation market in the wake of the 2001 energy crisis.

More and more electricity is generated by natural gas. This trend is likely to persist. Hydraulic fracturing technology is increasing domestic supplies and enabling natural gas prices to remain at historic lows.

Last October, the Federal Energy Regulatory Commission (FERC) announced that it was seeking a record $470 million penalty against Barclays Bank for manipulating California energy markets for several years in the late 2000s. The amount includes a $435 million fine as well as disgorgement of $35 million in profits Barclays gained from allegedly illegal trading. In addition, FERC levied hefty fines against several individual Barclays traders.

The California Air Resources Board (CARB) recently kicked off a new era in its cap-and-trade program designed to reduce greenhouse gases (GHG) when it held its first GHG emissions allowance auction on November 14. While CARB pronounced the auction a success, the low price and lukewarm demand for allowances evidences market reticence to fully embrace the program.