Commerce

Nicor Gas is pursuing a rate hike at the Illinois Commerce Commission (ICC) that would raise about $140 million annually from business and residential customers. The company also is proposing a decoupling mechanism to preserve revenue in the face of declining gas consumption.

Commerce Secretary Carlos Gutierrez has decided he needs more information to decide AES Sparrows Point’s consistency appeal under the Coastal Zone Management Act (CZMA), and consequently has stayed the closure of the decision record until April 14.

Against the wishes of the state’s attorney general, the Illinois Commerce Commission (ICC) last week approved rate increases for Peoples Gas and North Shore Gas and allowed the utilities to institute a decoupling mechanism to recover fixed costs through nonvolumetric charges.

Against the wishes of the state’s attorney general, the Illinois Commerce Commission (ICC) Tuesday approved rate increases for Peoples Gas and North Shore Gas and allowed the utilities to institute a decoupling mechanism to recover fixed costs through nonvolumetric charges.

The Marine Fisheries unit in the U.S. Department of Commerce clarified some earlier comments made about NorthernStar Natural Gas’s proposed Bradwood Landing liquefied natural gas (LNG) terminal along the Columbia River in Oregon that the agency and LNG proponents felt were misconstrued by some local news media. A letter was sent to the U.S. Army Corps of Engineers in Portland Friday to clarify comments that were misperceived as being against the LNG project.

House Energy and Commerce Chairman John Dingell (D-MI) Thursday unveiled draft legislation that would impose a $50/ton tax on carbon emissions from coal, petroleum/petroleum products and natural gas, as well as a levy of 50 cents per gallon on gasoline, jet fuel and kerosene in an attempt to reduce consumption and greenhouse gas emissions. .

House Energy and Commerce Chairman John Dingell (D-MI) last Thursday unveiled draft legislation that would impose a $50/ton tax on carbon emissions from coal, petroleum/petroleum products and natural gas, as well as a levy of 50 cents per gallon on gasoline, jet fuel and kerosene in an attempt to reduce consumption and lower greenhouse gas emissions.

The lower house Assembly Utilities and Commerce Committee early in July passed out two measures that are gaining traction before the California state legislature takes its month-long summer recess. They would create a liquefied natural gas (LNG) terminal siting process and increase the state’s renewable energy goal to 33% by 2020.

The lower house Assembly Utilities and Commerce Committee late Monday passed out two measures that are gaining traction before the California state legislature takes its month-long summer recess. They would create a liquefied natural gas (LNG) terminal siting process and increase the state’s renewable energy goal to 33% by 2020.