Northeast Energy News Roundup: From Lawsuits to Investments
Key Ideas
- New Jersey lawsuit against oil companies dismissed by judge, redirecting the climate impact claim to federal level for consideration.
- Maryland lawmakers introduce bill prioritizing solar and wind projects to combat soaring power prices.
- Pennsylvania Governor proposes plan to lower energy prices, promote hydrogen use, and implement cap-and-trade system for emissions reduction.
- Maine regulators enforce rules preventing utilities from passing lobbying costs to customers, saving ratepayers money.
The Northeast Energy News roundup covers various energy-related topics in the region. In New Jersey, a state lawsuit against oil companies regarding climate impacts of fossil fuels is redirected to the federal level for review. Democratic lawmakers in Maryland are addressing high power prices by introducing a bill to prioritize solar and wind projects. Pennsylvania's Governor proposes an ambitious plan to lower energy prices by supporting energy development, promoting hydrogen usage, and implementing a cap-and-trade system for emission reduction. In Maine, regulators implement rules prohibiting utilities from passing lobbying costs to customers, resulting in significant savings. Additionally, the article touches on Canada warning New York about potential economic impacts of anticipated tariffs, a settlement in Pennsylvania to stabilize electricity prices, New Hampshire's coal-fired power plant providing electricity during a cold snap, and changes in Maryland's energy market following consumer protection laws. An environmental advocate emphasizes the importance of Pennsylvania increasing its commitment to clean energy projects to combat climate change and boost economic development.