13 May '11, 6pm

Today in “you should pay more attention to utilities” news:

Today in “you should pay more attention to utilities” news:

This woman is paying attention. Are you? For decades, electric utilities in the U.S. have mostly been barriers to progress on clean air and clean energy. This mainly has to do with the perverse way they are regulated, which ties their profits to deploying huge amounts of capital to build huge power plants burning cheap fuel and externalizing health and environmental costs. So naturally they do that stuff! And they fight any attempt by federal agencies or anyone else to change that cozy situation, which protects them from the need to innovate or compete or worry their pretty little heads about where their next check is coming from. There are notable exceptions, mainly in states that have "decoupled" profits from selling power, but on average, the sector as a whole has been an anchor, a drag, on the effort to create a 21st-century power system. But we're nearing an inflectio...

Full article: http://www.grist.org/climate-energy/2011-05-13-today-in-y...

Tweets

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