Joe Biden’s $2tn plan to eliminate all greenhouse gas emissions from the US electricity grid within 15 years has been applauded by climate campaigners, but the enormous overhaul will have to pick its way through a minefield of community as well as lobbyist opposition. The presumptive Democratic presidential nominee has touted millions of new jobs in a clean energy economy where electric vehicles, retrofitted buildings and renewable power generation help phase out emissions from fossil fuels. A Biden presidency would aim to spur tens of thousands of new wind turbines and millions of new solar panels across the US to rapidly scale up zero-carbon energy. Should Biden defeat Donald Trump in the November’s presidential election, however, the sheer scale of the energy transformation risks a backlash from communities unhappy with the nearby placement of new solar and wind infrastructure.
Guardian 25th July 2020 read more »
Stephen Byrne, a top executive of the now-defunct SCANA electric utility, pleaded guilty Thursday to criminal conspiracy fraud charges in federal court in Columbia. Byrne’s guilty plea showed that SCANA’s downfall — triggered by a failed $9 billion effort to build two nuclear reactors in Fairfield County — was the result of not just mismanagement or incompetence, but criminal conduct at the company’s highest levels.
The State 24th July 2020 read more »
An accused co-conspirator called it an “unholy alliance” – dealings between a longtime Ohio politician seeking to restore his power and an energy company in desperate need of a billion-dollar bailout to rescue two nuclear plants in the state. Both the politician, current Ohio House Speaker Larry Householder, and FirstEnergy Corp., identified in an FBI complaint as “Company A,” got what they wanted last year from what federal officials say was a $60 million bribery scheme funded by an unidentified company the complaint makes clear is FirstEnergy and its affiliates. What Householder and his alleged co-conspirators might not have realized until their arrests on Tuesday and the affidavit was made public was that the FBI had insider help from people who cooperated with agents, recorded phone calls and dinner conversations, and shared text messages from members of the alleged conspiracy.
Daily Mail 25th July 2020 read more »