Some electric utilities have continued to fight aggressive climate action — especially those that have invested heavily in fossil fuels and are counting on customers paying off their investments for years or decades. Sammy_Roth reports:
If the words “public utilities commission” put you to sleep, you’re not alone.
Although Heern noted that having previously worked for a utility can give a regulator useful expertise, he also pointed to studies showing that former utility and fossil fuel industry employees who become commissioners “tend to make more decisions that benefit the industry.” That could mean allowing utilities to keep sinking customer money into coal and gas plants when solar or wind would be cheaper.
But some electric utilities have continued to fight aggressive climate action — especially those that have invested heavily in fossil fuels and are counting on customers paying off their investments for years or decades.
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