John Farrell

164 Followers
71 Following
783 Posts

The guru of distributed energy, co-director @ILSR, unabashed nerd, I "tweet" for (energy) democracy.

Host of Local Energy Rules: https://open.spotify.com/show/5c0yZRVKrhvFT0HsIM87xH

Check out my weekly newsletter: https://mailchi.mp/642273fa43c2/last-week-in-ilsrs-energy-self-reliant-states-458897?e=7112c42c54

ILSR's Energy Democracy workhttps://ilsr.org/energy/
Update: would love to hear @Marketplace talk about the abnormal role of corporate profits in driving inflation in the past few years. Lots of talk about wages, not enough about this! https://www.epi.org/blog/even-with-todays-slowdown-profit-growth-remains-a-big-driver-of-inflation-in-recent-years-corporate-profits-have-contributed-to-more-than-a-third-of-price-growth/
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RT @johnffarrell
Hey @Marketplace, this AM you mentioned that i…
https://twitter.com/johnffarrell/status/1654485260690661377
Even with today’s slowdown, profit growth remains a big driver of inflation in recent years: Corporate profits have contributed to more than a third of price growth

As strange as this might sound, the actual economic cost of inflation is often hard to identify. One might think that it’s obvious that if inflation rises from 0% to 5% then the purchasing power of “real” incomes (nominal incomes adjusted for inflation) throughout the economy has fallen by 5%. But that’s not right—or at…

Economic Policy Institute

Accepted payment of private boarding school tuition worth tens of thousands of dollars from Harlan Crow:
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RT @propublica
More revelations on the financial ties between Clarence Thomas and billionaire pal Harlan Crow:

The GOP megadonor paid the private school tuition for a Thomas family member the Supreme Court justice raised "as a son."

And no, Thomas didn't disclose the payments. (THREAD)
https://twitter.com/propublica/status/1654070024456351745

ProPublica on Twitter

“More revelations on the financial ties between Clarence Thomas and billionaire pal Harlan Crow: The GOP megadonor paid the private school tuition for a Thomas family member the Supreme Court justice raised "as a son." And no, Thomas didn't disclose the payments. (THREAD)”

Twitter

RT @MorePerfectUS
Apple just announced it will spend $90 BILLION buying back its own stock to enrich investors and executives.

Stock buybacks were considered illegal market manipulation until 1982. They need to be banned again.

RT @WedgeLIVE
Today's episode of the Wedge LIVE podcast: city council candidate Marcus Mills. In this clip, I ask if he agrees with a Star Tribune letter writer's characterization of bicycle and pedestrian advocates as the "Minneapolis equivalent of MAGA."

Listen wherever you get podcasts.

PURPA-qualifying capacity increases, but it's still a small portion of added renewables

The state leaders in solar capacity aren't always the leaders in rooftop and community solar. Check out @ilsr's new States of Distributed Solar update to see who leads and who lags on the #solarenergy that matters most to ordinary folks: https://ilsr.org/the-states-of-distributed-solar/
The State(s) of Distributed Solar — 2022 Update

How much of the U.S. solar fleet is made up of smaller, distributed sources that help communities build local wealth? This 2022 update examines the size of state solar markets and the saturation of distributed and community solar systems.

Institute for Local Self-Reliance
RT @JesseJenkins
Guilty on all counts: verdict reached in ComEd bribery trial. https://chicago.suntimes.com/2023/5/2/23697452/jurors-reach-verdict-in-comed-bribery-trial
The 4 defendants, including former ComEd CEO, found guilty of conspiring over nearly a decade to bribe then-Illinois House Speaker Michael J. Madigan, who faces own separate trial next year.
Jury convicts all four defendants in ComEd bribery trial — and fires a warning shot at Michael Madigan

Michael Madigan confidant Michael McClain, former ComEd CEO Anne Pramaggiore, ex-ComEd lobbyist John Hooker and onetime City Club President Jay Doherty were all accused in the trial of a bribery conspiracy aimed at illegally swaying the powerful Democrat to benefit ComEd.

Chicago Sun-Times
Wow, A+ illustration of bank failures for context between now and the Great Recession.
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RT @mbostock
Updated my plot of bank failures. 😬 https://observablehq.com/@mbostock/bank-failures
https://twitter.com/mbostock/status/1653221977895882752
Bank failures

Data: FDIC

Observable
Worth noting that according to @DavidPomerantz, for this incredibly corrupt bribery scandal the penalty levied on @firstenergycorp was about 3% of annual revenue. https://www.volts.wtf/p/utilities-are-lobbying-against-the#details
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RT @cleantechfacts
FirstEnergy's fired former CEO Chuck Jones + lobbyist Mike Dowling have been subpoenaed for depositions in the SEC's investigation re: the utility company's bribery schemes in Ohio, t…
https://twitter.com/cleantechfacts/status/1653046240609796096
Utilities are lobbying against the public interest. Here's how to stop it.

Utilities use money gathered from their captive customers to lobby against the clean-energy transition. I talk with a utility watchdog about the rules that allow utilities to get away with this and how to change them.

Volts
RT @brendanpierpont
That feeling when you run an IRP using all-source RFP bid data and updated assumptions on clean energy tax credits: https://midwest.centerpointenergy.com/assets/downloads/planning/irp/IRP-2023-Vectren-Stakeholder-Meeting-4.pdf