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Gavin Bade Profile picture
Gavin Bade
@GavinBade
Trade and economics reporter, @WSJ. Bari sax, @futurebanddc. Michigander, DC resident, Georgetown Hoya, #LFC, #DontMuteDC. DM open.
May 25, 2023 • 7 tweets • 3 min read
Biden's team talks big on trade, calling for a new world order to replace the old neoliberal consensus.

But their ideas for what comes next are abstract at best. Not that their critics have better notions.

Inside the quest to remake the global economy: politico.com/news/2023/05/2… This piece has been months in the making, but NSA Sullivan's speech last month really capped it off.

What's the new world going to look like? The craziest architecture you've ever seen.
Feb 7, 2023 • 17 tweets • 5 min read
House Financial Services is holding a hearing on "combatting the economic threat from China" right now. Stream here and follow this thread financialservices.house.gov/calendar/event… Momentum for oversight -- and maybe regulation -- of American investments with China has only grown, GOP committee members told me.

But the scope of their efforts is still an open question. Will it target individual firms, or broader, sector-wide rules?

From Morning Trade:
May 27, 2021 • 20 tweets • 3 min read
Asked Sen. Young if the China bill will pass today but he said he was “actually focused on these Indy 500 photos” John Barrasso was showing him.

So not sure what that portends? They’re voting on cloture now but it’s unclear how this will shake out. Crapo just told me he doesn’t know the outcome of negotiations on his trade amendment, so doesn’t know or wouldn’t say how he’d vote.
May 25, 2021 • 14 tweets • 2 min read
China bill updates from the Senate subway:

Wyden will oppose Crapo amendment against TRIPS waiver, which apparently will get a vote

Cornyn aiming for managers amendment for his China tech transfer provision

Dems holding firm on Davis-Bacon provisions in chips funding Schumer said at presser GOP was offered four more amendments, still hopes to finish work this week.

McConnell told me he still thinks that’s not enough for GOP to support cloture, but wouldn’t say how he’s advising his caucus to vote yet
May 1, 2020 • 5 tweets • 2 min read
NEW: Trump signs executive order banning power grid devices from foreign adversaries

Order focuses on large-scale generation and transmission devices. DOE will create a "pre-qualified" vendor list and identify dangerous devices already on grid

Pros: subscriber.politicopro.com/article/2020/0… Lot of questions swirling around this exec order.

A senior DOE official told me they it's necessary because some utilities were still buying transformers, capacitors and other bulk power system equipment from adversaries cited in the 2019 DNI worldwide threat assessment:
Apr 28, 2020 • 6 tweets • 1 min read
Busy electric power afternoon!

PJM CEO Manu Asthana is addressing a web roundtable now about the MOPR decision

Then at 2, FERC Chair Chatterjee is on an Atlantic Council talk. Will tweet any important updates. Asthana says "the last four months have been ,,, fascinating"

and maan every PJM stakeholder felt that pause
Feb 10, 2020 • 15 tweets • 4 min read
Back at #NARUCWinter2020 for the big panel of the day:

MD PSC Chair Stanek moderates a panel featuring PJM and market participants to discuss FERC's decision to institute a price floor (Minimum Offer Price Rule, or MOPR) for state subsidized nukes and renewables. NRG's Kavulla, a former MT regulator and NARUC prez, handed out these anti-FRR flyers before the panel. The Fixed Resource Requirement is a mechanism states could use to pull out of the capacity market, and NRG says it would be a "major reversal" for competitive markets.
Jan 22, 2020 • 15 tweets • 4 min read
I'm here at #RFFlive for their FERC MOPR discussion. PJM and Calpine included in the upcoming panel.

RFF's Cleary giving a MOPR overview now. Great primer if you're catching up! Cleary notes that existing renewables and some new ones may be able to win exemptions from the MOPR. But folks in the renewables space have said the unit-specific process is too complex and isn't workable in its current form
Jul 15, 2019 • 45 tweets • 10 min read
We're here at FERC HQ for a pre-filing conference on ISO-NE's upcoming fuel security proposal. Stream: ferc.capitolconnection.org

ISO-NE requested the conference to discuss its proposal, to be filed in October, with FERC staff without ex parte rules. FERC directed ISO-NE to devise a fuel security framework after it decided to provide cost recovery for a large Exelon gas plant (and adjacent LNG import facility). But it's quite controversial. Background: utilitydive.com/news/iso-ne-ge…
May 13, 2019 • 7 tweets • 3 min read
Very here for the Go Go shoutout at the @sunrisemvmt #GreenNewDeal event! #DontMuteDC As @sunrisemvmt highlights enviro justice, I want to note how @SecretaryPerry framed the issue last week at the E&C hearing.

Rep. Barragán (D-CA) asked Perry what enviro justice means to him. It's at 2:34 here: energycommerce.house.gov/committee-acti…