So for those keeping score at home, @NYGovCuomo has targeted the following entities over the gas moratorium/pipeline debacle:
> National Grid
> The Public Service Commission he effectively controls
> the state Legislature
The @NYSDEC still has a pending permit decision.
Costs for new gas pipes are recovered over periods as long as 85 years. But, the CLCPA requires that we dramatically reduce gas use by 2050 -- in only 30 years. So, in order to avoid stranded assets, we must ensure that no pipes are installed after 1965... (2050 - 85 = 1965)
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same argument being made on the Danskammer docket right now. the details of this line of argumentation simply nonexistent pre-CLCPA - http://documents.dps.ny.gov/public/Common/ViewDoc.aspx?DocRefId=%7B4BA9B3A8-5057-4FC9-8CEA-037DA4CA3632%7D …
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The CLCPA strengthens the argument, but it was already strong. Remember, we had Gov's Executive Orders that required CO2 reductions and other evidence to support claims that gas consumption would fall by 2050. I made these arguments as a party to the last CHGE rate case.
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