April 27, 2018
ICYMI: Don’t Sacrifice Markets to Bail Out Utilities
In today’s Washington Examiner, AAF Director of Energy Policy Philip Rossetti explains why it is important for the federal government to avoid sacrificing market forces in favor of bailing out electric utilities. See excerpt below:
“If the Department of Energy were to use its emergency powers to bail out failing companies (and if such interventions were upheld by the courts), it would signal to every potential electricity producer that their relationship with the government is more important than their ability to deliver low-cost electricity to consumers reliably. It would also set an awful precedent for future energy secretaries to exploit.”
Click here to read the full op-ed.