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The obscure policy that financed many of the last decade’s riskiest energy investments is back

  • Grist faviconGrist

    By Gautama MehtaApr 16, 2025, 4:15 am211 pts
    photo of The obscure policy that financed many of the last decade’s riskiest energy investments is back imageLast week, Missouri governor Mike Kehoe signed into law a bill that packaged together dozens of reforms to utility regulations. Among them was a provision called “construction work in progress,” or CWIP, which allows power companies to bill their customers for the costs of building power plants during their…
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