Breaking News
0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

Biden to nominate Democrat Willie Phillips to U.S. energy regulator -White House

CommoditiesSep 09, 2021 11:40AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 

By Timothy Gardner and Doina Chiacu

WASHINGTON (Reuters) -The White House said on Thursday that President Joe Biden plans to nominate regulatory lawyer Willie Phillips to serve as a commissioner on the Federal Energy Regulatory Commission (FERC), a panel that could play an increasingly important role in his effort to fight climate change.

Phillips, a Democrat and chair of the Public Service Commission of the District of Columbia, has "extensive background in the areas of public utility regulation, bulk power system reliability, and corporate governance," the White House said in a statement.

Phillips would bring FERC to a 3-2 Democratic majority for the first time in Biden's administration, a change that could help the president in his push to put the country on a path to decarbonize the power grid by 2035 and the wider economy by 2050. The role requires confirmation in the Senate, which is considered likely with Democrats having a thin majority in the chamber.

The independent panel of the Department of Energy has long had a low-key profile and was mainly known for approving natural gas pipelines and export terminals for liquefied natural gas, or LNG.

That is beginning to change.

In March, FERC assessed a gas pipeline's contribution to climate change for the first time. While the commission ended up approving the project, the move paved the way for further examination of the climate impact of future pipelines.

FERC decisions on climate that delay or nix projects could face challenges in the courts.

This August, the U.S. Court of Appeals for the District of Columbia ruled that FERC must reanalyze permits for two Texas LNG terminals, saying FERC's previous permits did not look closely enough at the climate and environmental justice implications of the projects.

U.S. Representative Sean Casten, an Illinois Democrat, has declared this season to be "hot FERC summer" in speeches referencing pop singer Megan Thee Stallion.

Casten recently introduced legislation to push FERC on climate, including a bill ordering it to initiate a rulemaking on electricity transmission planning between regions, which could help get power from renewable energy projects in rural areas to cities.

Phillips would replace Neil Chatterjee, a Republican who once worked for Senator Mitch McConnell of coal-producing Kentucky. Late in his term Chatterjee promoted putting a price on carbon emissions. Chatterjee left FERC on Aug. 30.

FERC also regulates the interstate transmission of electricity, oil and gas. Phillips could also play a role in implementing mandatory cyber standards for the oil and gas industry, in the aftermath of a cyberattack on the Colonial Pipeline in May that crimped fuel supplies for several days on the East Coast.

The two other Democrats on the panel, Richard Glick, the chair, and Allison Clements have called for such standards, which the power sector is already held to.

Phillips could also work closely with Montina Cole, who Glick appointed in May as the panel’s first person to oversee environmental justice. Cole works to ensure that projects approved by FERC do not unfairly hurt historically marginalized communities with pollution.

Biden to nominate Democrat Willie Phillips to U.S. energy regulator -White House
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email