Some Republicans are asking whether to wait until 2025 with a trifecta to do energy permitting reform. But not only is a materially different bill not possible in the 119th Congress due to the political process and landscape, it's dangerous to delay it. - Hyperscalers are

LNG exports: more econ+envir studies welcome. Glad the bill disables political blocks in the name of “more study.” Decisions must be made based on existing evidence. My colleague on why “pausing” LNG exports is a loser all around. 11/11 https://t.co/Klc9AVxeMJ

Req FERC/NERC input to other fed agencies’ rules should reduce inadvertent reliability impacts of poor interagency coordination. Bigger issue is state policies undermining regional reliability – thoughts on amendment targets here. 10/11 https://t.co/47XJIbn9PX

New Tx benefits categories pretty standard (reliability, congestion, etc). Good “improved reliability” definition. Access to lower cost gen is valid benefit (extent Tx & gen are substitutes, eg load pockets). Operationalizing gets tricky. Politics perhaps trickier. 9/11

Suggest Tx plan selection criteria ensures CBA, including monetized reliability benefits. Add competitive bidding req for mandatory planning. Cost allocation via beneficiary pays adherence is sound, presuming solid benefits methods. 8/11

Interregional Tx planning. Requiring consistent benefits bt regions is big. Major source of probs is regions use incompatible benefits methods. My colleague @MichaelGiberso3 wrote about this. 7/11

Ideally, would prioritize reg barrier cuts to merchant interregional development = voluntary cost allocation. Lots of potential there, though not a silver bullet. Could then resort to mandatory planning for remainder of needs. 6/11 https://t.co/xkePysL0Yw

Inc FERC backstop authority inevitable. Inconsistent state-by-state permitting stifles projects, inc costs. Need consistent, timely, no-nonsense permitting. Intriguing applicant driven process = not planning process dependent. More soon in series. 5/11 https://t.co/CkfMEkDiFW

Notable exclusion ideal for amendment: generator interconnection reform. Another approval process arguably more restrictive on all gen than fed permitting. Hits trifecta: econ+reliability+emissions benefits. Bill we & consumers back could roll in. 4/11 https://t.co/IsSngZ0DgA

Gets part of the judicial review puzzle. Avoids partisan poison pills of standing changes & community engagement, though both done well = breakthrough. More permitting ideas to work in at margin below, eg clarify NEPA “reasonable alternatives.” 3/11 https://t.co/ckT38cQXeY

As expected after permitting reform last year – our debrief below – a permitting+transmission package w/ emphasis on judicial review and interregional Tx. 2/11 https://t.co/PmiDuBCk2h

Initial thoughts on permitting bill. More detailed @RSI take later, want to get thoughts out ahead of markup. Overall: quite comprehensive, well written, key concessions made. Major econ+reliability+emissions benefits via Tx, gen, O&G. #energytwitter 1/11

Quick take on complex @FERC transmission rule. Expect large net benefits for consumers, pending outcome of implementation quality, litigation, and complementary reforms. It has a couple warts and missed opportunities, but overall improves econ policy.

"The legislation could become part of a broader permitting reform package, and at the least carry over into the next Congressional session, according to @DC_Hartman" https://t.co/2pVton7WPR @ethanhowland27 @UtilityDive

"Reforms to programs such as the National Flood Insurance Program would reduce social and economic consequences of climate-related disasters while saving taxpayers tens of billions of dollars." https://t.co/wXwwXAor40 @DC_Hartman @nanswift @dcexaminer

My initial reaction to the @EPA plant rule. Expect exemption-heavy compliance strategy. Watch out for impact if load growth boom + supply constraints continue. Decarb+reliability concerns resolved via less reg burdens on balance. @RSI #energytwitter

Business + environment for the win! #SaveTheBay

📆 Feb 22 in DC and online: Misinformation and Disinformation: Is Democracy in Crisis, and Is It at Risk of Failing? https://t.co/cDSSDwicAu with @AlexReeveGivensCEO @CenDemTech, our @BMEastwood, @ZeveSanderson @csmap_nyu, @Nick_Penniman @IssueOneReform

ESG culture battle must turn the page toward liberty. Forced ESG and ESG prohibition policies both harm finance performance. Rather, need pecuniary vs. impact investing distinction, better info & lower capital flow barriers. #esg

As SEC climate disclosure rule looms, reminder that climate risk is complex. Some forms are financially material. Some aren’t. Varies by firm and setting. Policy can help boost info, but must let firms decide what type of climate risk is/is not material.