Energy law in a nutshell / by Joseph P. Tomain, Richard D. Cudahy.
2011
KF2120 .T65 2011 (Map It)
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Details
Author
Title
Energy law in a nutshell / by Joseph P. Tomain, Richard D. Cudahy.
Published
St. Paul, MN : Thomson/West, [2011]
Copyright
©2011
Call Number
KF2120 .T65 2011
Edition
Second edition.
ISBN
0314271864
9780314271860
9780314271860
Description
xxvii, 606 pages : illustrations ; 19 cm.
System Control No.
(OCoLC)729348024
Note
Includes index.
Series
Record Appears in
Gift
Purchased from the income of the Fisch Fund
Added Author
Gift
The Arthur W. Diamond Law Library
Purchased from the income of the Fisch Fund
Table of Contents
Table of Cases
xv
ch. 1
Energy Economics
A.
Introduction
10
1.
Behavioral Assumptions
12
2.
Positive and Normative Economics
17
3.
Understanding Property
19
a.
Private Goods
20
b.
Common Goods
21
c.
Public Goods
23
B.
Market Virtues
25
C.
Market Operations
28
1.
Demand
28
2.
Supply
29
3.
Equilibrium
31
4.
Costs
32
5.
Marginal Revenue
35
6.
Price Elasticity of Demand
37
D.
Market Failures
39
1.
Monopoly
39
2.
Rent Control
42
D.
Market Failures-Continued
3.
Externalities
43
4.
Information Costs
44
5.
Excessive Competition
44
6.
Scarce Resource Allocation
45
7.
Rationalization
45
8.
Paternalism
46
9.
Moral Hazard
46
E.
Economics and Regulation
47
F.
The Regulatory Life Cycle
48
ch. 2
Energy Policy
A.
Energy Facts
53
B.
Energy Overview
55
C.
National Energy Policy
65
1.
1887-1900
68
2.
1900-1920
70
3.
1920-1933
75
4.
The New Deal Era to World War II
79
5.
Post-World War II to 1973
82
a.
Coal
83
b.
Natural Gas
83
c.
Oil
86
d.
Nuclear Energy
87
D.
Presidents Carter and Reagan Test the Dominant Model, 1973-1988
89
1.
President Carter and Centralized Energy Policy
90
2.
President Reagan and Deregulation
93
E.
Energy Policy Since the End of the 20th Century
95
F.
The Dominant Model of Energy Policy
103
ch. 3
The Administration Of Energy Regulation
A.
An Introduction to Administrative Law
108
B.
A Critique of Administrative Law
112
C.
The Administrative Procedure Act
116
1.
Adjudication Under the APA
119
2.
Rulemaking
123
D.
Judicial Review
126
E.
Federal Energy Regulation
140
1.
Department of Energy
140
2.
The Federal Energy Regulatory Commission (FERC)
142
3.
Other Energy-related Agencies
145
F.
Energy Regulation by the States
150
1.
The Historical Roots of State Regulation
150
G.
Constitutional Principles Affecting Regulatory Jurisdiction
155
1.
Commerce Clause
155
2.
The Supremacy Clause
158
3.
The Takings Clause
159
ch. 4
Energy Decision-Making
A.
Public Utility Regulation
165
B.
The Theory of Natural Monopoly
169
C.
Ratemaking Goals
173
1.
Capital-Attraction Function
174
2.
Reasonably Priced Energy
176
3.
The Efficiency Incentive Function
177
4.
The Demand Control or Consumer Rationing Function
178
5.
Income Transfer Function
180
D.
The Rate Formula
182
1.
Operating Expenses
183
2.
Rate Base
184
3.
Rate of Return
191
E.
Contemporary Ratemaking Issues
192
1.
Marginal Cost Pricing
193
2.
Incentive Rates
195
3.
Market-Based Rates
197
4.
Stranded Costs
198
5.
Decoupling
201
6.
Feed-In Tariffs
203
F.
Cost-Benefit Analysis
204
1.
Introduction
204
2.
Applying CBA
209
a.
Identification
209
b.
Risk Analysis
211
c.
Quantification
212
d.
Presentation
214
e.
Critiques of Cost-Benefit Analysis
215
ch. 5
Oil
A.
Industry Overview
219
B.
Regulatory Overview
223
1.
State Regulation
223
2.
Early Federal Regulation
226
C.
The Era of Price, Allocation and Entitlement Controls, 1970-1980
237
1.
Price Controls
237
2.
Allocation Controls and Entitlements Controls
243
3.
Enforcement
247
4.
Price Decontrol
250
5.
Price Postscript
251
D.
Federal Lands
252
1.
Onshore Oil
252
2.
Offshore Oil
254
E.
Oil and the Environment
259
ch. 6
Natural Gas
A.
Industry Overview
271
B.
Regulatory Overview
283
1.
Early Regulation
284
2.
Traditional Federal Regulation
285
3.
Phillips Petroleum Co
292
4.
The Natural Gas Policy Act of 1978
297
5.
Public Utility Regulatory Policies Act
300
C.
Post NGPA Regulation
302
1.
Take-or-Pay Contracts
303
2.
FERC Natural Gas Initiatives
304
D.
The Future of the Natural Gas Industry and Its Regulation
311
ch. 7
Coal
A.
Industry Overview
317
B.
Regulatory Overview
325
1.
Federal Lands
325
2.
Coal Conversion
327
3.
Mine Health and Safety
328
4.
Land Reclamation
332
C.
Clean Air
338
D.
Clean Coal Initiatives
342
E.
Coal Transportation
346
1.
Rail Transportation
346
2.
Coal Slurry Pipelines
348
3.
Coal Barges
351
F.
Global Warming
352
G.
The Future of Coal
356
ch. 8
Electricity
A.
Industry Overview
360
B.
Regulatory Overview
369
1.
Competition 1882-1905
370
2.
Concentration: 1920-1935
372
3.
Regulation: 1935-1965
373
4.
Regulatory Failure: 1965-1980
378
5.
PURPA's Surprise: Increased Competition
379
C.
The Current Situation in the Electric Industry
384
1.
The Energy Policy Act of 1992
386
2.
FERC Initiatives
387
a.
ISO/RTO
387
b.
SMD
397
3.
The 2005 Energy Policy Act (EP Act 2005)
400
4.
The Smart Grid
403
5.
The New Regulatory Compact
406
D.
Electricity Restructuring in Crisis
408
1.
California
408
2.
Enron
414
3.
Blackout
420
E.
Other Recent Electricity Developments
422
F.
The Electricity Future
423
ch. 9
Nuclear Power
A.
Industry Overview
427
B.
Regulatory Overview
431
1.
Legislation
431
2.
Nuclear Power and the Courts
438
C.
Licensing
442
D.
Reactor Safety
445
E.
Radioactivity
452
1.
Low-Level Waste
452
2.
Uranium Mill Tailings
454
3.
High-Level Waste
456
4.
Transportation
457
5.
Nuclear Waste Policy Act
458
6.
Decommissioning
462
F.
Plant Cancellations and Abandonments
463
G.
The Future of Nuclear Power
470
ch. 10
Hydropower
A.
Industry Overview
475
B.
Regulatory Overview
479
C.
Federal Jurisdiction
484
D.
Licensing
488
1.
Federal Power Act
488
2.
Environmental Laws
494
3.
Small Hydropower Projects and the Public Utility Regulatory Policies Act
500
4.
The Electric Consumer Protection Act
501
E.
From Hydropower to Hydrokinetics
506
ch. 11
Clean Energy Sources
A.
Renewable Resources
511
1.
Solar Energy
516
2.
Wind Energy
519
3.
Biomass and Alcohol Fuels
524
4.
Geothermal
527
B.
Conservation, Energy Efficiency, and Energy Intensity
532
C.
Non-Federal Approaches to Clean Energy
539
1.
Renewable Portfolio Standards
540
2.
Feed-In Tariffs
541
3.
Regional Greenhouse Gas Initiative
542
D.
Alternatives to Traditional Energy Sources
543
1.
Distributed Generation
543
2.
Synthetic Fuels
544
E.
Alternative Energy Policies
548
1.
Energy Futures
552
2.
An Alternative Energy Policy: The Sustainable Development Model
555
3.
A Clean Energy Economy
558
4.
Clean Energy Innovation Technologies
560
F.
Conclusion
562
Index
569