Biden’s Secret Weapon to Cleaning Up Energy Is Spelled FERC

摘要

President Joe Biden outlined ambitious new plans for taking on climate change on Wednesday, butthe most potent weapon may already be in his arsenal.The five-member Federal Energy Regulatory Commission is poised to play a pivotal role fulfillingBiden’s clean-energy ambitions, including his vow to strip greenhouse gas emissions from thepower sector over the next 14 years. FERC could help Biden deliver on those promises by fosteringcarbon prices on electricity, propelling a massive build-out of high-voltage power lines and makingit harder to build natural gas pipelines.