FERC Approves Revised Transmission Planning Rule

The Federal Energy Regulatory Commission has revised its transmission planning rule to enhance state flexibility, following earlier controversy over its initial version. Concurrently, the Biden-Harris Administration is investing over $7.3 billion to support clean energy in rural areas, aiming to significantly cut greenhouse gas emissions and create thousands of jobs. Senator-elect John Curtis advocates for a targeted revision of the Inflation Reduction Act (IRA), emphasizing a 'surgical approach' rather than a complete repeal. Meanwhile, with Trump potentially undoing Biden's climate policies, concerns about the future of the IRA and U.S. climate goals persist, especially as international leaders set new emission targets without U.S. involvement. Furthermore, Republican Mike Lee is poised to lead the Senate Energy and Natural Resources Committee, indicating potential shifts in the U.S. energy policy landscape.