In October 2012, the American Legislative Exchange Council (ALEC) adopted the ‘Electricity Freedom Act’—a model bill co-written with the fossil fuel-funded Heartland Institute that called for the nullification of state Renewable Energy Portfolio Standards (RPS). The legislation was …
American Legislative Exchange Council (ALEC)Heartland InstituteJames TaylorEdison Electric InstituteAmerican Fuel & Petrochemical Manufacturers+2 morealecrenewable-energyfossil-fuelsmodel-legislationregulatory-capture+3 more
On July 31, 2002, Entergy Nuclear Vermont Yankee LLC—a subsidiary of Entergy Corporation of New Orleans—completes its $180 million purchase of the Vermont Yankee nuclear power plant from Vermont Yankee Nuclear Power Corporation, a consortium of eight New England utilities that originally owned the …
Entergy CorporationVermont Yankee Nuclear Power CorporationVermont Public Service BoardVermont Department of Public ServiceVermont General Assembly+1 morenuclear-powervermont-yankeecorporate-regulationstate-federal-conflictentergy+3 more
Enron filed for bankruptcy on December 2, 2001, marking the largest corporate bankruptcy in U.S. history at the time, with $63.4 billion in assets. The collapse revealed extensive corporate fraud orchestrated by CEO Kenneth Lay and President Jeffrey Skilling, who manipulated financial statements and …
EnronKenneth LayJeffrey SkillingDick CheneyGeorge W. Bushenronbankruptcycorporate-fraudcorruptionfinancial-crime+2 more
The Bush administration releases the National Energy Policy, revealing extensive incorporation of Enron’s recommendations. Analysis shows the task force adopted “all or significant portions” of Enron’s recommendations in seven of eight policy areas, with at least 17 policies …
Dick CheneyGeorge W. BushEnronKenneth LayNational Energy Policy Development Group+1 moreenronenergy-policycorporate-captureregulatory-capturecorruption+1 more
The Bush administration releases the National Energy Policy report developed by Cheney’s Energy Task Force, containing 105 recommendations that overwhelmingly favor fossil fuel industries while giving minimal attention to renewable energy. The report recommends opening the Arctic National …
George W. BushDick CheneyNational Energy Policy Development GroupExxonMobilShell Oil+6 moreenergy-policycorporate-captureoil-industrycheney-task-forceregulatory-capture+3 more
Vice President Dick Cheney initiated secret meetings of the National Energy Policy Development Group, systematically involving Enron executives like Kenneth Lay while excluding environmental groups. Between late January and April 2001, the task force held at least 40 meetings with energy industry …
Dick CheneyKenneth LayGeorge W. Bushenergy-policycorporate-capturecheneyenronregulatory-capture+1 more
Vice President Dick Cheney established the National Energy Policy Development Group conducting secret meetings with oil industry executives while excluding environmental groups. Between late January and April 2001, Cheney’s task force held at least 40 meetings with energy interests versus just …
Dick CheneyExxonMobilShell OilBP AmericaConoco+2 moreenergy-policycorporate-capturecheneyoil-industrysecrecy+1 more
President Jimmy Carter signed the Natural Gas Policy Act (NGPA) into law on November 9, 1978, following Senate passage on September 27 (57-42 vote) and House passage on October 14 (231-168 vote). The legislation was part of Carter’s National Energy Act of 1978, a response to the 1973 energy …
Jimmy Carterderegulationenergy-policyneoliberalismcorporate-profit
President Franklin D. Roosevelt signs the Public Utility Holding Company Act (PUHCA) into law on August 26, 1935, based on the 1928-1935 Federal Trade Commission investigation of the electric industry that exposes widespread abuses by large multistate utility corporations. The Act addresses …
Franklin D. RooseveltFederal Trade CommissionElectric Utility IndustrySecurities and Exchange Commission (SEC)utility-regulationnew-dealanti-monopolyregulatory-victorycorporate-restructuring+1 more