Regulatory capture is at the root of the affordability crisis in electricity. Public power could offer a way out.
Energy and the Environment
Posted inEnergy and the Environment
Florida Electricity Consumers Burdened With Historic Rate Hike
The state’s largest electric utility picks a fine time to land in the middle of the affordability debate and the 2026 campaign season.
Posted inEnergy and the Environment
Big Tech’s Big New York Gas Pipeline
Gov. Kathy Hochul justified a $1 billion natural gas project by appealing to affordability. But the main reason the state needs the energy is because data centers are hogging it.
Posted inEnergy and the Environment
Josh Shapiro Ditched the Same Climate Pact That Abigail Spanberger Is Joining
To seal a state budget deal, Pennsylvania is departing the RGGI emissions control program, but Virginia is jumping back in.
Posted inEnergy and the Environment
The Electric Bill Election
On Tuesday, the soaring cost of power was a key factor in several races, including those in Georgia, Virginia, and New Jersey. Democrats have a plan that can match their economic populist rhetoric.
Posted inEnergy and the Environment
Top AIG Exec Has Major Fossil Fuel Ties
A Center for Media and Democracy investigation shows that John G. Rice, AIG’s lead independent director, holds the same position at Baker Hughes, a global fossil fuel technology company that has received major contracts from companies AIG insures.
Posted inEnergy and the Environment
BlackRock Just Bought a Minnesota Utility
When the PUC rendered its final decision on Friday, the Prospect was there to witness it.
Posted inEnergy and the Environment
Private Equity Power Play in Minnesota
BlackRock-owned Global Infrastructure Partners and a Canadian pension giant want to buy a Minnesota-based utility. Gov. Tim Walz’s agencies have been in on pushing the deal.
Posted inEnergy and the Environment
FEMA’s Years of Living Dangerously
The Trump administration’s determination to force states to shoulder disaster funding burdens guarantees more deaths and destruction.
Posted inEnergy and the Environment
New Mexico’s Billion-Dollar Oilfield Orphans
A recent report says abandoned oil infrastructure could cost the state up to $1.6 billion in coming years. This is how.
