FERC Begins to Flex its Jurisdictional Muscles on Carbon Pricing
By EsqSocial Corporation 19/10/20
Thursday, October 15th, the Federal Energy Regulatory Commission (FERC) weighed-in on the important role that carbon pricing, associated with state initiatives to reduce greenhouse gas emissions, could have on the nation’s electric market. Not surprisingly, as the governmental entity with jurisdiction over the organized electric markets, FERC acknowledged that regional market rules that incorporate state-determined carbon prices can fall within the Commission’s jurisdiction over wholesale rates....
By: Snell & Wilmer