Renewable energy mandate bill revived
The Senate energy committee chairman, New Mexico Democrat Jeff Bingaman, and other senators are now hoping to pass a bill that would mandate utilities get 15 percent of their energy from such sources by 2021. They will try to get the legislation passed in a lame duck session after the election.
The move comes after an Associated Press story that efforts for such a mandate, known as a renewable electricity standard, had stalled in the Senate.
Nevada Democrat Harry Reid, the Senate majority leader, did not include the mandate in his energy bill despite a big lobbying push by environmental groups, renewable energy providers, more than half the nation's governors and even some utilities.
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Hydro One stock has too much political risk to recommend, Industrial Alliance says
TORONTO - A seemingly positive development for Hydro One is overshadowed by ongoing political and regulatory risk, Industrial Alliance Securities analyst Jeremy Rosenfield says.
On October 4, staff from the Washington Utilities and Transportation Commission filed updated testimony in support of the merger of Hydro One and natural gas distributor Avista.
The merger, which was announced in July of 2017 has received the green light from federal and key states, with Washington, Oregon and Idaho being exceptions.
But Rosenfield says even though decisions from Oregon and Idaho are expected by December, there are still too many unknowns about Hydro One to recommend investors…
