I work on better utility regulation at The Future of Heat Initiative.
Joined June 2011
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Mike Bloomberg retweeted
Yesterday the Telegraph reported on my comments about air conditioning.
The comment section is quite something. I have apparently become a hero of the anti net zero crowd by saying something what I think is sensible about air con.
Allow me to point out three ironies in this 🧵
Mike Bloomberg retweeted
Top large cities (min. 100k) by % of housing units built before 1939:
Buffalo, NY (61%)
St. Louis, MO (58%)
Providence, RI (55%)
Rochester, NY (54%)
New Bedford, MA (52%)
Cleveland, OH (49%)
Pittsburgh, PA (48%)
Cambridge, MA (47%)
Boston, MA (47%)
Berkeley, CA (46%)
Mike Bloomberg retweeted
How does your utility set its profit target? By looking at what other utilities earn.
How do regulators approve it? By looking at what other regulators allowed.
This is called "the circle game." And it's a big reason your utility bills are so high. Here is how it works...
Mike Bloomberg retweeted
Excited to be growing my team working on energy issues at Hopkins! Multiple post-doc and research scientist opportunities, working on resource adequacy/capacity markets, data centers, “clean-firm” resources & more! More info & apply here: lnkd.in/egmBDZuc
Mike Bloomberg retweeted
The 51st is a good alternative to the corpse of Bezos' Washington Post if you want local DC news. @51stnews
Here @DanCharlesNow covers how it costs more to replace a DC home's gas pipes than to electrify the home
Mike Bloomberg retweeted
Next year's Wizards. That escalated quickly.
PG - Trae Young
SG - Tre Johnson
SF - This year's Top-5 pick
PF - Alex Sarr
C - Anthony Davis
Bench - Bilal Coulibaly
Bench - Kyshawn George
Bench - D'Angelo Russell
Bench - Bub Carrington
Mike Bloomberg retweeted
Your @MyBGE bill has definitely gone up, and the increase this month is only the first of three to come in the first three months of the year. Gas rates have tripled since @Exelon acquired the company. @briaovers breaks down what's going on: thebanner.com/economy/bge-bi…
Mike Bloomberg retweeted
Lot of debate about gas turbines being sold out or not, interesting comments from GE Vernova's CEO in WSJ
- Confirms: sold out on turbines through 2028; cautious about investing in incremental capacity
- Only 10% of their explicit backlog is directly AI/hyperscalers + third of 'reservations' hyperscalers/AI
- The rest is wider electrification trends + huge international demand
- Also details on new nuclear in TVA: starting construction 2027 with plant online ~2032 - an incredibly fast timeline and will put these SMRs ahead of any new AP 1000 (except maybe VC summer?)
Mike Bloomberg retweeted
what an amazing piece of deadline baseball writing. truly. by @chelsea_janes
washingtonpost.com/sports/20…
Mike Bloomberg retweeted
I have a new essay in the New Republic. I used to see things as left versus right. Now I worry about the money at the top. And while it may sound strange, I think this is a hopeful way of looking at the world that opens the door to coalitions that seemed impossible before
Mike Bloomberg retweeted
Introducing The Antifraud Company (@AntifraudCo) 🧵
We raised over $5M from @AbstractVC, @BrowderCapital & @dunevc to build a private-sector DOGE, where we use AI and investigative journalism to track down those who defraud American taxpayers.
Mike Bloomberg retweeted
Kamala Harris visited Saginaw MI today. It's one of the small industrial cities I mentioned in this piece over the weeend, where the Dem share of vote has fallen sharply since '12. It's a category of place often overlooked in the usual metro/rural framing:
propublica.org/article/elect…
Mike Bloomberg retweeted
Kamala Harris came to my hometown of Pittsfield MA for a fundraiser today. The first time in a while that a presidential candidate has come through a city that's been through a lot. It was quite a scene, w/ hundreds out for a glimpse. Hard to overstate the energy shift underway.
Mike Bloomberg retweeted
As chair of a local transportation committee and member of a federal one, I've seen Monica's work up close for almost a decade. She's brilliant. America's car-centric transportation policy is bad for cities & towns, bad for budgets, and bad for the environment. The Secretary is thinking differently. It's refreshing.
My husband, a proud pickup truck owner, only has one thing to say to @MassGovernor: Come and Take It! #nhpolitics #nhgov
Mike Bloomberg retweeted
This will be devastating to a downtown DC already reeling from remote work. It will greatly increase the share of people going to games in cars instead of transit.
But on upside, it will be very convenient for executives at Amazon HQ2, so close by, to get to their corporate box.
Ted Leonsis to join Virginia Gov. Glenn Youngkin, others at Potomac Yard tomorrow morning as deal to move Caps, Wizards across the river appears imminent... bizjournals.com/washington/n…
Mike Bloomberg retweeted
Time for state attorney, ethics chief to look at Miami mayor’s lucrative side hustles | Opinion miamiherald.com/opinion/edit…
Mike Bloomberg retweeted
"Transformers of all types are now harder for utilities to source, leading them to purchase overseas for higher prices..."
Hmm, wasn't there a small city in Western MA that used to produce lots of transformers before GE shut it down? Starts w/ a P, maybe?
tdworld.com/substations/arti…
Mike Bloomberg retweeted
A 20% hydrogen blend would increase gas costs by around 16%, while only reducing emissions by 7% due to inefficiencies in burning hydrogen.
@E3G is joined by @OctopusEnergy, @UKGBC, @wwf_uk & others to urge the government to reconsider blending plans
theguardian.com/environment/…
Mike Bloomberg retweeted
"[INSERT STATE HERE] regulators shouldn’t follow Massachusetts’ lead in letting utilities propose [FUTURE OF GAS] plans without strict guidance and oversight." Don't let the foxes plan the future for (henhouse) building heating: canarymedia.com/articles/fos…
Mike Bloomberg retweeted
The future of gas is expensive for two key reasons:
📈 First, distribution costs and rates will increase unsustainably due to the increasing cost of maintaining a gas distribution system ($$$ pipeline replacements) alongside declining gas usage. subscriber.politicopro.com/a…