A group of Republican Senators led by Senator Mike Lee (R-UT) asked FERC for information on whether index investment funds making investments in public utilities were truly passive or were attempting to influence the management of the utility companies to pursue a climate agenda.
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The Senate passed a joint resolution to nullify an SEC final rule on the disclosure of payments by resource extraction issuers.
By a vote of 235 to 197, the House of Representatives passed a resolution to nullify the SEC final rule regarding the disclosure of payments by resource extraction issuers.
The Senate Finance Committee and the House Ways and Means Committee sent inquiries to a number of commercial and residential solar power system developers seeking information about their use of federal tax incentives.
Senator Martin Heinrich introduced the Energy Storage Tax Incentive and Deployment Act of 2016. The proposed act would establish investment tax credits for the use of energy storage in homes and businesses.