consumers
Advocacy groups ask FTC to expand Biden administration efforts to rein in junk fees
President Joe Biden devoted 19 sentences of his State of the Union speech to “junk fees,” which includes credit card late fees, service fees for concert tickets and airplane seating preferences that he said strain families’ budgets. Biden did not mention the numerous and opaque fees faced by prisoners and their families every day. But […]
Proposed federal rule would lower credit card late fees
As Americans continue to struggle with high credit card rates, the Consumer Financial Protection Bureau has proposed a rule to help lessen some of their financial burden — in the form of lower late fees. The new rule would limit late fees to $8. Currently credit card companies can charge as high as $41 — […]
Big oil supports bills to make sales of 15% ethanol blends year-round
LINCOLN — The U.S. Senate, with volatile gasoline prices top of mind, is inching toward a bipartisan solution to a years-long push for year-round sales of ethanol blends of 15% or more. Bills to codify the change have shared support from agricultural organizations and biofuels boosters, including the congressional delegations from ag states like Nebraska, […]
As utilities spend billions on transmission, support builds for independent monitoring
An aging electric grid, fossil fuel power plant retirements and a massive renewable electricity buildout are all contributing to a boom in transmission and distribution wire projects by electric utilities across the country. In 2020, investor-owned electric utilities spent $25 billion on transmission, up from $23.7 billion in 2019, figures that the Edison Electric Institute, […]
Amid a massive American clean energy shift, grid operators play catch-up
For the better part of the past century, the American electric power system evolved around large, mostly fossil fuel power plants delivering electricity to residences, businesses and industry through a network of transmission and distribution wires that collectively came to be called the electric grid. But as the threat of climate change driven by carbon […]