Government Political

SB 1349 Electric utility regulation; suspension of reviews of earnings.

Introduced by: Frank W. Wagner | all patrons    …    notes add to my profiles


Electric utility regulation; suspension of reviews of earnings. Bars the State Corporation Commission (SCC) from conducting a biennial review of the rates, terms, and conditions for any service of Dominion Virginia Power for the eight test periods beginning January 1, 2013, and ending December 31, 2020. The utility is directed not to make biennial review filings in 2016 through 2022. The SCC is directed to dismiss any biennial review initiated in 2015 without making findings or determinations and is barred from adjusting the utility’s rates until the conclusion of the 2023 biennial review, with certain exceptions. The SCC is directed to conduct biennial proceedings from 2017 through 2021 to determine what constitutes the utility’s fair rate of return on common equity for use in connection with rate adjustment clauses. The measure also requires each electric utility to file updated integrated resource plans annually starting in 2015; currently, such updates are required to be filed biennially.

Kaine Introduces Bipartisan Bill To Streamline American LNG Exports

Legislation will reduce permitting delays, help create jobs, reduce trade deficit, and enhance U.S. national security

WASHINGTON, DC – U.S. Senator Tim Kaine has joined Senator John Barrasso (R-WY) and six other colleagues to introduce the LNG Permitting Certainty and Transparency Act. The bipartisan legislation will speed up the approval process for exports of liquefied natural gas (LNG) to countries that do not have free trade agreements with the United States. It specifically requires the Secretary of Energy to make a decision on any LNG export application within 45 days after the environmental review document for the project is published.

“The U.S. natural gas revolution has strengthened our energy independence, bolstered our economic competitiveness, reduced our carbon emissions, and given us a foreign policy tool that can help reduce the world’s energy reliance on hostile regimes,” said Kaine. “This bill gives the U.S. Department of Energy a reasonable 45-day deadline, after it has received the final results of all studies, to determine whether to approve an LNG export proposal.  This will strengthen the ability of American companies to strike deals with overseas customers, while maintaining a thorough review process to ensure such projects are in our national interest.”

Why do we need a local bill of rights?

You say you never heard of a local bill of rights?

You’re not alone. I didn’t know much about it either until I attended Democracy School in February.

Local or community bills of rights are ordinances that spell out certain natural rights of the local community. Like, “We have a right to clean water and air.” Or “We have a right not to have our lands destroyed by fracking.” Community rights bills are legal documents, so they also include a lot of whereases and therefores, but you get the idea. People of a local community come together to agree on a few of their inalienable rights and then state these rights in law.


Where Oil and Politics Mix

From the NYT






Where Oil and Politics Mix:

After an unusual land deal, a giant spill and a tanker train explosion, anxiety began to ripple across the North Dakota prairie.