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Fortnightly Magazine - May 15 1995

Public Decries QFs for EMF and High Rates

The bad news for qualifying facilities (QFs) continues. A high-profile project in the District of Columbia appears dead, but developers won a small victory when a federal court refused to stop a suit by the developers against municipal officials for damages connected with the regulatory barriers erected by the city at the behest of concerned citizens. More damaging was the recent decision of the Massachusetts Supreme Court requiring reluctant regulators to review the ceiling price set for QF purchases in a recent bid conducted by Boston Edison Co.

Byline: 
Phillip S. Cross
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Emissions Trading, NARUC Gods on Record

Emissions Trading:

NARUC Goes on Record

In a recent article, "Why Taxes Do Distort Emissions Trading" (Feb.15, 1995), Stanley I. Garnett II, chief financial officer of Allegheny Power System, Inc. discusses a legislative proposal currently promoted by his firm and the Chicago Board of Trade (CBOT). This proposal seeks to amend current Internal Revenue Service policy on federal tax treatment of the proceeds of emission allowance sales.

Byline: 
Bob Anderson
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Local Exchange Competition Moves Forward in Michigan

The Michigan Public Service Commission (PSC) has approved terms for interconnection and mutual compensation between Ameritech Michigan, a dominant local exchange carrier (LEC), and City Signal, Inc., a newly certificated competitive provider of LEC services. The move marks another step in the PSC's experiment with local telephone competition in the Grand Rapids exchange.

Byline: 
Phillip S. Cross
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