Economic Crisis Resource Center > Troutman Sanders LLP

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The City of Boulder, Colorado Moves to Municipalize Xcel Energy Inc.’s Distribution Grid

On Tuesday, November 1, voters in Boulder, Colorado initiated the first steps toward replacing Xcel Energy Inc. (“Xcel”) and developing a city-owned electric utility. [Read more →]

November 7, 2011   Comments Off

Obama Blocks Stricter Ozone Standards

Citing a goal of “reducing regulatory burdens and regulatory uncertainty,” the Obama Administration on September 2 instructed the U.S. Environmental Protection Agency (“EPA”) to withdraw its proposal to strengthen national ambient air quality standards for ozone.  The surprise move was the first time President Obama explicitly and completely rejected an EPA regulation, creating a firestorm of criticism from environmentalists and key Democrats and praise from industry groups and Republicans. [Read more →]

September 12, 2011   Comments Off

California Court Allows CARB to Continue Cap-and-Trade Program

On June 24, 2011, the California First District Court of Appeal granted the petition of writ of supersedeas from the California Air Resources Board (“CARB”) which stayed a state superior court decision that ordered CARB to halt their cap-and-trade program. [Read more →]

July 6, 2011   Comments Off

FERC Blocks Sempra from Selling Excess Capacity to SDG&E

On June 20, 2011, the Federal Energy Regulatory Commission (“FERC” or the “Commission”) denied the joint request of Sempra Generation (“Sempra”) to make affiliate sales to San Diego Gas & Electric Company (“SDG&E”) pursuant to a competitive solicitation due to concerns over potential for affiliate abuse.  [Read more →]

July 6, 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