The Risky Economics of New Natural Gas Infrastructure in the United States

September 9, 2019  |  By RMI, Mark Dyson DownloadThe Growing Market for Clean Energy Portfolios and Prospects for Gas Pipelines in the Era of Clean EnergyRegister for a webinar on September 19, 2019 where report authors will present the two studies and address questions about them. Over the past two decades, natural gas has dramatically reshaped the US electricity industry. Domestic shale gas production has …

Give every American the preferential financial treatment the Federal Reserve, America’s central bank, currently gives private banks

Excerpt from Sam Pizzagatti, July 2020 Cutting-edge progressive activists at the Roosevelt Institute-based Great Democracy Initiative have proposed giving every American the preferential financial treatment the Federal Reserve, America’s central bank, currently gives private banks. These private banks all have accounts with the Federal Reserve. All individual Americans ought to have personal accounts at the Fed, the Great Democracy Initiative argues, and …

Start with cancelling student debt and making public colleges free: $3 or $4 dollar return on each dollar invested

We’ve seen a lot of progressive candidates build policies around free college. But it’s not just a progressive idea. The Republican-led government of the state of Tennessee created the Tennessee Promise, a program that makes certain schools free to attend for Tennessee residents. This is because for every dollar that a state spends on higher education, they get a 3 …

Extraction Oil & Gas lost control of its midstream subsidiary as it tumbled into Chapter 11 bankruptcy

By Greg Avery  – Senior Reporter, Denver Business Journal Extraction Oil & Gas lost ownership of a midstream pipeline subsidiary worth hundreds of millions of dollars just before Extraction’s slide into bankruptcy. And the Denver-based oil company may have to pay its former business tens of millions of dollars for infrastructure north of the Denver metro area, company bankruptcy and U.S. Securities and Exchange …

In 30 years from now, on the current path, almost half a million existing homes will be on land that floods at least once a year

Rising seas threaten an American institution: The 30-year mortgage The New York Times | Christopher Flavelle Up and down the coastline, rising seas and climate change are transforming a fixture of American homeownership that dates back generations: the classic 30-year mortgage. Home buyers are increasingly using mortgages that make it easier for them to stop making their monthly payments and …

Are utilities operating to provide service and support the public interest or are they maximizing their own profit? Are rates fair and reasonable? Have investments had risk? If utility operates imprudently, favoring shareholder interests, then shareholders will face the costs for unforeseen circumstances.

Questions for consideration in Colorado… The current level of return is not “necessary to provide service” – Boulder’s 2018 RFIP shows what is available on the open market. Meanwhile, an excerpt from 2019 document on Managing Stranded Assets and Transitioning Off Gas in California, by EDF and Yale Law Students: Under the general regulatory compact for utilities in California, the …

RMI advocates debt forgiveness for recovery, linked with decarbonization

Forgive or reduce that debt burden, by an amount dependent on the (verifiable and additional) emissions reductions they achieve. In fact, we can apply the same approach to incentivize emissions reductions across all entities whose debt is held or issued by any government entity. If such an approach was augmented by dedicated loan guarantees or financing to bring down debt …