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January 03, 2009

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Thanks for the link -- I think that DOJ has tried to mediate the dispute but without success. And it can't be resolved by Executive Order either since FERC is an independent agency and is not bound to abide by an Executive Order (the EO approach would thus be awkward for both agencies). To be honest, it's a very difficult question with lots of policy issues such as whether the wave energy industry will develop more quickly with FERC involved or whether having 2 agencies regulated as opposed to one will create more problems in the long run. Given the broad policy issues, it may be time for Congress to revisit this issue again.

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