FERC Wants Calif.'s Cap-And-Trade Rules Clarified

Law360, New York (August 8, 2012, 6:04 PM EDT) -- The U.S. Federal Energy Regulatory Commission on Monday urged California to clarify its cap-and-trade regulations related to energy imports that the commission fears could disrupt the state's energy market.

In a letter to California Gov. Jerry Brown, FERC Commissioner Philip D. Moeller said he is “extremely concerned” about the potential disruption to the state's electricity market with the implementation of the California Air Resources Board's greenhouse gas cap-and-trade plan and asked the governor to direct the board to stop enforcement of the resource shuffling prohibition until...
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