credit

Giving Credit Where Credit is Due

Ensuring State Emission Reduction in Clean Power Plan

Strong public policy favors giving states credit for the carbon reductions they make while the Plan’s legality is pending.

How to Build a Fence (and When)

A formal methodology for developing ring-fencing arrangements and setting conditions.

How can decision makers determine the appropriate degree of ring-fencing for a utility holding company? The authors propose a systematic and objective method – recognizing business and financial risks specific to the regulated utility and its affiliates.