The Buzz

16 Mar 2017

Carbon emissions and taxes are not the only skunks at the picnic. So too is California’s carbon cap-and-trade. But, the tax skunk has redeeming qualities, including clear price signals, market certainty and less complexity, the non-partisan Legislative Analyst tells an Assembly Budget Committee.

While that committee debated the controversial cap-and-trade program, another legislative panel approved a bill that aims to create better and real time accounting of carbon emissions of unlabeled power imports, notably from coal-fired generation.  AB 79 wants the Air Resources Board to work with the grid operator to develop data-based carbon accounting protocols by 2020.

Bubbling on a legislative burner is a new bill that would pay consumer advocates and public health and environmental representatives for effectively intervening in transmission matters at the Federal Energy Regulatory Commission and California Independent System Operator

Midweek, the grid operator concluded that no new transmission lines are needed.  CAISO’s board agreed and approved a 2016-17 transmission plan that only backs two minor high voltage lines.

Lessening the need for new transmission projects is metered energy efficiency. This week’s Guest Juice insists that metering energy conservation turns it into an energy resource on par with generation.

Pacific Gas & Electric’s San Bruno woes have finally come to an end with the proposed settlement of shareholder suits charging that company directors and officers were aware of natural gas safety violations that led to the 2010 pipeline blast.

The same can’t be said for Southern California Edison and its San Onofre woes.  This week, an International Arbitration Panel found Mitsubishi was only liable for $72 million for the faulty steam generators. Edison sought several billion dollars in damages from the manufacturer, and is weighing going to court.

–The Editors

 

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