All posts by Joe Smyth

Joe Smyth is a Research and Communications Manager for the Energy and Policy Institute.

Major investors find electric utilities are not on track to meet decarbonization goals

Electric utilities are failing to align their businesses with the Paris climate agreement goals and investors’ expectations, according to a new scorecard of major emitting companies. The Climate Action 100+...

/ March 23, 2021
Basin Electric is the largest generation and transmission association

Basin Electric faces growing pressure on coal from co-ops, insurers, and banks

Coal-heavy power supplier won’t let its member cooperatives leave, which one co-op calls a “financial suicide pact”

/ November 23, 2020
Clean coal awards page was deleted from Peabody Energy's website

Peabody pushes coal carbon capture through front groups, industry associations, PR and lobbying efforts

A coal industry front group funded by Peabody Energy and the state of Wyoming successfully urged the Department of Energy to fund a study proposing a carbon capture project at...

/ August 17, 2020

Petra Nova carbon capture project stalls with cheap oil

The project captured 7% of the carbon dioxide emissions generated by NRG’s W.A. Parish Generating Station, suffered frequent outages, and led to significant losses for investors

/ August 6, 2020
Craig Generating Station

Utilities that operate coal plants in the Western U.S. face growing water supply risks

Electric utilities that operate coal plants in the American West face growing water supply risks, as climate change fuels hotter and drier conditions.

/ July 15, 2020

Major banks announce new policies to help push utilities away from coal

Key Points: Major financial institutions have announced new policies that limit how they do business with companies that remain reliant on coal. Leading financial institutions’ coal exclusion policies assess electric...

/ May 25, 2020
Utility Corruption

Utility CEOs received over $1 billion in executive compensation from 2017 – 2019

Investor-owned utilities' CEO compensation was up 26% in 2019 over 2018.

/ April 27, 2020
An effort to keep Colorado's largest coal plant running, supposedly by the "Independence Institute," was secretly funded and coordinated by a front group for coal mining companies and the state of Wyoming.

Coal mining companies and state of Wyoming secretly funded “Independence Institute” campaign to keep Colorado coal plant running

Coal mining companies and the state of Wyoming secretly coordinated and funded a campaign against Xcel Energy’s proposal to close two units at the largest coal plant in Colorado. While...

/ March 24, 2020
Tri-State Escalante coal plant

Tri-State will replace coal plants with a gigawatt of new wind and solar

Tri-State Generation and Transmission Association announced last month that it will close its coal plants in Colorado and New Mexico and build a gigawatt of new wind and solar projects,...

/ February 9, 2020

Southwest Gas was top contributor to Arizona legislators sponsoring gas utility bill

Southwest Gas gave thousands of dollars to the campaigns of Arizona Senate President Karen Fann and Speaker of the House Rusty Bowers last month, ahead of those legislators’ introduction this...

/ January 23, 2020