Global climate change is a potentially catastrophic problem. Unchecked climate change will disrupt people’s access to the basic elements of life – food, water, shelter, and health. Because greenhouse gas (GHG) emissions are nearly always the result of economic activities, economic policy will play a key role in any effort to mitigate climate change. The size and imminence of the danger from climate change calls for using all potential levers of economic policy—at all levels of government—to reorient economic activity away from GHG emissions. This transition must be guided by principles of racial equity and economic justice that protect, support, and empower working people and highly impacted communities.
Alliant proposal: Equity, efficiency failure
- September 12, 2019
- Common Good Iowa
- David Osterberg
The proposed Alliant rate increase is a sweeping denial of equitable treatment of customers and a rejection of environmental responsibility.
Alliant Energy, called Interstate Power and Light (IPL) in Iowa, is proposing a nearly 25 percent increase in its basic service rate. Since Alliant divides its charges to customers into energy, transmission, and basic service, the total bill increase will not be that large but it is a pretty big increase.
Since electric utilities are monopolies, some entity needs to “regulate” their actions. In Iowa this is the role of the Iowa Utilities Board (IUB), which must decide on the rate increase. The IUB can certainly reduce the proposed rate and can change the way IPL wants to charge individual customers.