Economic Crisis Resource Center > Troutman Sanders LLP

Posts from — June 2011

U.S. Supreme Court Reverses AEP v. Connecticut: EPA, Not Judges and Juries, Will Decide Climate Change Policy

On June 20, 2011, the Supreme Court spoke for the second time on climate change. Observing that the Supreme Court “endorses no particular view of the complicated issues related to carbon-dioxide emissions and climate change,” a unanimous Court, in a decision written by Justice Ruth Ginsburg, held that Congress, through the U.S. Environmental Protection Agency (“EPA”) – and not a group of states and cities using federal common law – should decide national policy on climate change. [Read more →]

June 24, 2011   Comments Off

US Releases 30 Million Barrels of Oil Reserve

On June 23, 2011 the International Energy Agency (“IEA”) announced a coordinated release of sixty million barrels of oil reserve from twenty-eight countries, and the United States has committed to releasing 30 million barrels from the U.S. Strategic Petroleum Reserve.  [Read more →]

June 24, 2011   Comments Off

FERC Allows California Utilities to Terminate PURPA QF Purchase Obligations

On June 16, 2011, the Federal Energy Regulatory Commission (“FERC” or the “Commission”) allowed three utilities to terminate their mandatory purchase obligations that would have required new contracts with qualifying cogeneration and small power production facilities (“QF”) with over 20 MW of net capacity under the Public Utility Regulatory Policies Act of 1978 (“PURPA”). [Read more →]

June 24, 2011   Comments Off

DOE Secretary Chu Encourages U.S. to Examine Transmission Planning at State and Regional Levels

On June 13, 2011, the United States Department of Energy (“DOE”) Secretary, Steven Chu, took part in a White House Grid Modernization event titled “Building the 21st Century.”  At the event, Chu announced that more than five million smart meters have been installed across the U.S. as part of efforts to increase modernization of the electric grid.  Secretary Chu stated that “to compete in the global economy, we need a modern electricity grid.” [Read more →]

June 24, 2011   Comments Off

Representative Anthony Weiner Resigns, Leaving a Democratic Seat Open on House Energy and Commerce Committee

On June 16, 2011, Representative Anthony Weiner (D-NY) announced his decision to resign his seat from the U.S. House of Representatives.  This announcement comes after weeks of scandal and calls for his resignation, including from President Barack Obama.  Weiner’s resignation opens up one of 23 Democratic seats on the House Energy and Commerce Committee.  Several Democrats who had to leave the Committee due to new committee ratios in 2011 could replace Weiner.

June 17, 2011   Comments Off