- Ron Binz has withdrawn his nomination for chairman of the Federal Energy Regulatory Commission (FERC)
- “The implications of this fight are something worth pondering. If this kind of handling of a nomination become [...] the new normal, that’s going to make it a lot more difficult for good energy policy to grow,” Binz said in a statement. “The caricature that they created had nothing to do with who I am and nothing to do with what I might’ve brought to FERC. It was just a blood sport."
- Possible new candidates for the nomination include Colette Honorable, chairman of the Arkansas Public Service Commission, and FERC commissioner Cheryl LaFleur, according to Bloomberg.
Binz's fate was less tied to his qualifications for the FERC job than the continuing drumbeat in Congress that Obama and his regulatory team is waging a "war on coal." As a practical matter, FERC has no authority to act on the proposed construction of new power plants. It licenses hydroelectric projects only.