Insight and inspiration in turbulent times.
How did the legal innovation of “advance cost recovery” allow utilities in South Carolina, Georgia, Florida and Mississippi to torch more than $40 billion on nuclear and coal plants that went way over budget or never produced a single kilowatt-hour of electricity?
Bankruptcies, project shutdowns, regulation, and emission limits curb enthusiasm for fossil fuels.
This singular thought, that climate change can stir dangerous human conflict, is gaining salience across much of the world.
The sweeping nature of President Obama’s proposed regulations limiting carbon dioxide emissions from coal-fired power plants is likely to open his initiative to serious legal challenges.
