2 item(s) were returned.
Executive Vice President
National Taxpayers Union
Republicans rightly criticized the $500 million loan guarantee to failed solar energy company Solyndra under the Obama administration, but now the current administration is preparing energy company bailouts that will dwarf the size of that mistake. If this bailout goes forward, taxpayers will be on the hook for billions of dollars for failing coal and nuclear power plants. The Solyndra failure was a textbook example of the pitfalls that exist when the federal government tries to pick winners and losers in the energy industry. The Trump administration seems to not have learned the lesson, as a number of financially troubled… [more]
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Chair, Energy & Commerce Subcommittee on Environment & Climate Change, U.S. House of Representatives
Co-Chair, Sustainable Energy & Environment Coalition
On a hot day in August 2003, a stretched transmission line tripped after dipping into an overgrown tree in Ohio. Soon after, multiple transmission lines nearby also tripped beginning what would become the second-largest blackout at that time in history, impacting eight Northeastern states and Southern Canada. Since this massive blackout and concerns about grid reliability, power generation in the United States has changed dramatically both in form and quantity. In 2005, Congress recognized the need for mandatory grid reliability standards and expanded the Federal Energy Regulatory Commission’s (FERC) authority to regulate the bulk power system. However, despite FERC’s efforts… [more]
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