North American Energy Markets Association 2012 Annual Meeting and Spring Conference
April 25, 2012
Ponte Vedra Beach, Florida, USA
Public policy, like nature, abhors a vacuum. The federal legislature may not be taking steps to shape U.S. energy policy, but the past year has seen other federal agencies step up and fill this gap in leadership. The Environmental Protection Agency (EPA) has become the real leader in U.S. energy policy over the past year, and this role has implications for all market participants.
PURC Director of Energy Studies Ted Kury shared his views on the state of U.S. energy policy in this evolving environment with participants at the annual meeting and spring conference of the North American Energy Markets Association in Ponte Vedra Beach, Florida. He shared his thoughts on the current state of global carbon policy, new EPA mandates and their effects on electricity generation, the transformation of the U.S. to a net exporter of natural gas, the implications of the latest proposed clean energy standards, and the future of nuclear waste disposal. He concluded that while there are costs to action on energy policy matter, that there are costs to inaction as well, and that overlooking them can mean consequences for the future.