“GOP lawmakers and industry lobbyists are talking about legislation aimed at reining in power companies after some utilities were seen as being less than friendly to their efforts to block Obama administration climate change rules.
Several House Energy and Commerce Committee Republicans and industry lobbyists are pushing for a “Ratepayer Protection Act,” a measure that would limit utilities’ ability to pass along costs to consumers, according to lobbyists close to the committee.
The discussions come after POLITICO last week reported that several top utility CEOs weren’t thrilled with a draft bill from Energy and Commerce Committee Chairman Fred Upton (R-Mich.) to preempt the EPA on climate change.
CEOs from American Electric Power, NextEra Energy, Southern Co. and Dominion Resources said to varying degrees that they support allowing the EPA to proceed on a “reasonable” time frame on greenhouse gas rules for power plants, petroleum refiners and other major stationary sources.”
In other words, Republicans in Congress want to use the power of government to punish utilities for being insufficiently opposed to greenhouse gas regulation. Lovely use of limited government there, folks.
Oh, and I just have to ask: What provision of the Constitution empowers Congress to interfere in the decisions of state Public Service Commissions in their regulation of state-chartered utilities?
– Jay Bookman