Events
Obama and Fortified Democratic Control of Congress Mean for Energy Companies—How Will FERC and CFTC change?
Click here to hear audio of the webinar. To save to your computer, right click and select "Save Target As"Monday, November 10, 2008
12:00 Noon Eastern Standard Time
Webinar
Featured Speakers
Please join McDermott Will & Emery's Energy & Derivatives Markets Group for a webinar presentation on what the 44th President could mean for companies regulated by the Federal Energy Regulatory Commission (FERC) and the Commodity Futures Trading Commission (CFTC).
On Monday, November 10, 2008, from 12:00 PM to 1PM ET Ken Irvin and Michael Yuffee will host Branko Terzic, former FERC Commissioner and current Global & U.S. Regulatory Policy Leader for Deloitte's Energy & Resources Practice Group, and Gregory Mocek, former CFTC Director of Enforcement, to talk about the promises made by the Obama-Biden campaign (and by the Democrats in the Congressional races) regarding energy policy and specifically how that will impact companies regulated by FERC and the CFTC.
The Obama-Biden "New Energy for America" plan promised new investment in clean energy, including clean coal, and a focus on energy efficiency. Obama-Biden also promised that 10% of electricity would come from renewable sources by 2012, and 25% by 2025, and an economy-wide cap-and-trade program to reduce greenhouse gas emissions 80% by 2050. Obama also promised action to "crack down on excessive energy speculation."
The Democratic Party promised "to fast-track investment of billions of dollars over the next ten years to establish a green energy sector," a comprehensive "transition to a clean-energy industry" and a "crack down on speculators who are driving up prices beyond the natural market rates." The Democratic leadership, with their fortified ranks in both Houses, promised to direct regulatory authorities to vigorously investigate and prosecute market manipulation.
McDermott's Energy & Derivatives Markets Group will offer a unique perspective on this historic development, including steps to consider with respect to compliance and ethics. There will be a Q&A session after the presentation.
REGISTRATION
For more information, please contact Stuart Davis at +1 202 756 8324 or sdavis@mwe.com.