The Washington Utilities and Transportation Commission declined a request to rehear the agency’s rejection of Canada-based Hydro One Limited’s proposed takeover of Washington-based Avista Corporation, according to a Jan. 8 press release. Last month, the agency rejected the merger over concerns of political interference from the Province of Ontario, Hydro One’s largest shareholder. Idaho regulators…
New York State Assemblyman Kevin Cahill, a Democrat, introduced legislation on Jan. 2 that would impose a carbon tax of no less than $35 per ton on the distribution or sale of carbon-based fuels, increasing annually by $15 to a maximum of $185. Under the bill, 60 percent of the proceeds from the tax would be…...
The U.S. Energy Department selected 12 projects for early stage research and development to accelerate innovation in marine technology and help the industry become cost-competitive, according to a Jan. 8 press release.. The projects are intended to cut capital costs and accelerate innovation in marine energy technology by reducing the testing and development timelines. The…