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ComEd Agrees to $200M Fine on Federal Bribery Charge

GreenTechMedia

Illinois utility Commonwealth Edison has agreed to pay a $200 million fine in relation to a federal investigation over bribery charges that have cast a shadow over its policy efforts in the state capital. Under a landmark 2011 state law, ComEd has spent $2.6 ComEd is also struggling to justify its $9.53

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

GreenTechMedia

Exelon may be forced to close its Illinois nuclear plants if state legislation is not passed to bolster their eroding financial prospects. But subsidiary utility Commonwealth Edison’s involvement in a bribery scandal has complicated this and other key policy efforts in its home state.

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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.

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Tracking Progress on 100% Clean Energy Targets

GreenTechMedia

So we can build these policies that will become a postcard from the future for the rest of the country,” said David Hochschild, chair of the California Energy Commission, speaking last week at a UCLA summit on state and local progress toward 100 percent clean energy. 100% targets come in different forms. Washington D.C.

Energy 100
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EU Scientists and Politicians Clash Over Gas and Nuclear as ‘Sustainable’ Investments

DeSmogBlog

It’s a “green investment guidebook,” said Henry Eviston, spokesperson on sustainable finance at WWF European Policy Office. ” Henry Eviston, WWF European Policy Office. A similar pattern has played out with nuclear energy as well. In other words, to call an investment “green,” it needs to be taxonomy compliant.

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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
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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