Tag

Regulatory Authority

All articles tagged with #regulatory authority

business1 year ago•4 min saved

Eversource's Plan for 19% Residential Rate Hike Sparks Concern

Eversource has filed for a $784 million rate adjustment, seeking a nearly 19% increase in electric rates for Connecticut Light & Power customers, citing unrecovered costs related to purchasing electricity from the state's last nuclear plant and mandated benefits. The company blames a change in methodology by the Public Utilities Regulatory Authority for its cash crunch, prompting criticism and a broader campaign against the authority's chair. Lawmakers are divided on the issue, with some blaming Democratic policies and others acknowledging the recoverable nature of the expenses claimed by Eversource.

via Hartford Business Journal|

#business #connecticut #eversource

legalregulatory2 years ago•4 min saved

"Supreme Court Rulings: The Future of Federal Agency Regulatory Authority"

The Supreme Court heard oral arguments in two cases involving fishing companies challenging regulations that require them to pay for human monitors on their boats to ensure compliance with fishing regulations. The cases could potentially overturn a longstanding 1984 precedent that gives regulatory agencies deference in ambiguous situations. The fishing companies argue that the monitoring costs could drive them out of business and that the agencies lack the authority to impose these expenses. The Supreme Court is expected to issue rulings in late June or early July.

via Fox News|

#fishing-industry #legalregulatory #monitoring-costs

climate2 years ago•2 min saved

"Supreme Court Case Threatens Federal Regulatory Power"

The Supreme Court is set to hear a case involving commercial fishermen opposing a government fee, but the lawyers behind the case are linked to Charles Koch and have a broader agenda to limit federal regulatory authority. A victory for the fishermen could significantly curtail the power of federal agencies to regulate various sectors, including fisheries, the environment, health care, finance, and telecommunications. The lawyers representing the fishermen are associated with a public-interest law firm that is connected to Americans for Prosperity, a group funded by Koch Industries.

via The New York Times|

#charles-koch #chevron-deference #climate

politics2 years ago•2 min saved

Supreme Court to weigh in on limiting federal power.

The US Supreme Court has agreed to reconsider a 1984 case that sets forward factors to determine when courts should defer to a government agency’s interpretation of the law. The case could significantly scale back on the power of federal agencies, impacting everything from climate change to public health to immigration. Conservative justices have long sought to rein in regulatory authority, arguing that Washington has too much control over American businesses and individual lives. The case will be heard next term, with a ruling likely in 2024.

via CNN|

#chevron-deference #federal-agencies #politics