regulators

Can’t get there from here?

Submitted by Jerry Halberstadt on Tue, 02/22/2022 - 20:21

So here we are, watching a new but already obsolete methane gas-fueled electric generator being installed to help meet the responsibility of 14 municipal light plants to provide power to meet the peak needs of the electric system. This Project 2015A, the Peabody peaker plant, developed by the Massachusetts Wholesale Electric Company (MMWEC), has no rational basis consistent with public health, environmental concerns, or climate warming. There are better solutions, nonpolluting, more reliable, and less expensive.

But our regulators have not adapted to the changing technology options and do not recognize the danger of the climate crisis in determining policy. The regulators at the regional and national level claim to use competition on price as a means of regulating and serving the common good. But we know that people and institutions motivated by profit tend to be vulnerable to economic and political influence that can punish innovation and harm the public good. Today, we see policies that protect fossil fuel plants that cause harm and create unfair challenges for renewable sources of energy and battery storage.