Remove 2011 Remove Carbon Remove Law Remove Nuclear Power
article thumbnail

ComEd Agrees to $200M Fine on Federal Bribery Charge

GreenTechMedia

ComEd was able to convince some pro-clean energy groups to include this so-called “fixed resource requirement” proposal in a state bill called the Clean Energy Jobs Act (CEJA), which combines a mandate for 100 percent renewables by 2050 with other carbon reduction, electric transportation and job creation policies.

article thumbnail

ComEd Bribery Scandal Clouds Picture for Exelon’s Illinois Nuclear Plants

GreenTechMedia

” At the same time, Crane noted the company is “in the middle of trying to work through legislative strategy in Illinois” that would offer its nuclear power plants in the state an alternative path to earning capacity market revenue that is seen as a critical component of their future financial viability.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

ComEd’s Favorable Regulatory Treatment for Grid Investments Comes Under Fire

GreenTechMedia

For the past nine years, Chicago-based utility ComEd has earned excessive profits from a regulatory structure set in place by a 2011 state law whose passage has been linked to a bribery scandal that’s embroiled key state lawmakers and ComEd’s former CEO. The workings of the 2011 Energy Infrastructure Modernization Act.

article thumbnail

Tracking Progress on 100% Clean Energy Targets

GreenTechMedia

But most jurisdictions use the broader term “clean energy,” which can also include resources like large hydroelectric generation and nuclear power. Seven states, as well as Puerto Rico and the District of Columbia, have passed 100 percent clean energy transition laws. Washington D.C.

Energy 100
article thumbnail

EU Scientists and Politicians Clash Over Gas and Nuclear as ‘Sustainable’ Investments

DeSmogBlog

In January 2021, representatives from the clean energy sector sent a joint letter welcoming the criteria recommended by the TEG and stating that “the inclusion of power generation with a carbon intensity above this limit would not only deviate from science, but would also harm the EU’s decarbonisation trajectory and its 2050 net-zero objectives.”.

article thumbnail

After Pandemic, New York’s Buildings Face Daunting Decarbonization Mandate

GreenTechMedia

Saturday marked the one-year anniversary of the passage of perhaps the most ambitious law ever adopted by a U.S. Local Law 97, one of 10 bills in the sweeping Climate Mobilization Act , requires New York City’s 50,000 largest buildings to reduce their carbon emissions by 40 percent by 2030 and by 80 percent by 2050.

Law 130
article thumbnail

Part 2: Revisiting the Key Findings of an influential Carbon Trading and Environmental Equity Study – Additional Details

Low Carbon Prosperity

Carbon trading, co-pollutants, and environmental equity: Evidence from California’s cap-and-trade program (2011-2015) ) In this Part 2, I provide some extended details on the assessments presented in Part I. The paper reports that 52% of facilities considered reported emission increases between 2011-12 and 2013-15.

Carbon 52