The states are getting into the act on greenhouse emissions, and the power industry is getting more proactive. What policy measures are appropriate?
Pressure for national legislation builds as the Northeastern U.S. goes it alone and carbon trading takes off in the European Union.
Commercialization of methane recovery from coastal deposits of methane hydrates could head off an impending gas shortage.
GAS SUPPLY
GAS SUPPLY
Pipeline and LNG terminal developments may arrive too late to prevent a natural gas disaster.
For exactly two months, MidAmerican Energy sponsored a $6.3 billion project to bring stranded natural gas from Alaska's North Slope to an adjoining pipeline in Canada. But when Alaska's Department of Revenue rejected MidAmerican's proposal for an exclusive partnership to develop the pipeline, the company pulled out.
The ISO graples with the politics of scarity.
In regions that have embraced electric industry restructuring, such as New York, New England, and the mid-Atlantic states, where independent system operators (ISOs) have taken over and the standard market design (SMD) has grabbed a foothold over bulk power transactions, one fascinating question still dogs theorists and policymakers alike:
Is a power supply shortage really all that bad?
Frontlines
Camp Flowgate
Neptune and the Northeast
Have gas prices fallen victim to speculation?
On Thursday, Dec. 8, as natural gas hit $40 at the citygate for Southern California (prices hit $60 that Friday), I found myself in Colonial Williamsburg, a guest of Michigan State University's Institute of Public Utilities, at the group's annual conference, watching a panel of industry experts try in vain to explain what was happening.
Federal Agencies
NOX EMISSIONS. Generating heavy criticism from industry, on September 24 the Environmental Protection Agency released its long-awaited final rules on nitrogen oxide emissions, outlining a plan to reduce NOx by 28 percent by year 2007 in some 22 states and the District of Columbia, with state implementation plans due by September 1999 and controls in place by 2003, to be carried out through a "cap and trade" program to buy and sell NOx emissions credits.