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ARTICLE · 24 APRIL 2021

A Divided FERC Issues A Carbon Policy Statement

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Over the partial concurrences and partial dissents of two of its three Republican commissioners, the Federal Energy Regulatory Commission (FERC) yesterday issued a Policy Statement in...

United StatesEnvironment

Over the partial concurrences and partial dissents of two of its three Republican commissioners, the Federal Energy Regulatory Commission (FERC) yesterday issued a Policy Statement in Docket No. AD20-14 announcing that it would entertain filings by eligible entities in certain parts of the country to incorporate state-sponsored carbon prices in wholesale markets. The action follows a September 2020 carbon pricing technical conference and a Proposed Policy Statement that was issued on October 15, 2020 under then-Chairman Neil Chatterjee, another Republican appointee, who was replaced as Chairman less than three weeks later. Yesterday, Commissioner Chatterjee jointed the two Democratic commissioners to provide the majority needed to issue the Policy Statement.

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