Bernie's climate play: A federal takeover of electricity production

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Bernie's climate play: A federal takeover of electricity production
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Sen. Bernie Sanders' proposal to fight climate change calls for a government takeover of a fundamental segment of the economy — electricity production

Sen. Bernie Sanders has put nationalizing health insurance at the center of his presidential campaign, but his proposal to fight climate change also calls for a government takeover of a fundamental segment of the economy — electricity production.

that would compete with the coal, natural gas and nuclear plants owned by privately owned power generators. The Sanders campaign has defended its plan as the only one that could reduce greenhouse gas emissions quickly enough to meaningfully combat climate change, and his allies have applauded his desire to take on the utility industry, which for decades resisted climate action.

"This isn’t health care,” said Pat Wood III, the former chairman of the board at generator Dynegy and Republican head of the Federal Energy Regulatory Commission under President George W. Bush. “We don’t need more cost-effective [clean energy] supplier options. There are plenty of them.” Reshaping the federal utilities would be no simple task: It would require Congress to amend multiple laws authorizing the entities, like the Tennessee Valley Act and DOE Organization Act, likely along with the Clean Air Act to give the EPA stronger authority to regulate carbon. Even if Democrats were to win control of the Senate in November, those plans would still face a tough path in the Senate Energy and Natural Resources Committee, where the top Democrat, West Virginia Sen.

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