Statement A: Allowing out of state competition and choice for electricity drives down prices for everyone and lets the free market work. We should allow companies other than Michigan’s utilities that have a monopoly to supply electricity because it means Michigan electricity rates will go lower allowing businesses to create more jobs.
Statement B: Michigan utilities are responsible for maintaining and modernizing the state’s energy grid. If we allow customers to shop around for lower electricity rates, fewer customers will pay their share to ensure Michigan has a reliable, safe energy grid that meets the state’s energy needs. Everyone in Michigan has a responsibility to pay their fair share guaranteeing Michigan has a reliable energy grid.
Question #8 - Carbon capture, utilization and storage (CCUS) is one of the essential components for mitigating carbon dioxide (CO2) emissions and will play a key role in global efforts to reduce greenhouse gas.
CCUS technologies capture CO2 emissions from large point sources and are transported away and stored or turned into useful products. Capturing CO2 has been used for decades but pioneering new technologies mean we can now remove and sequester CO2 indefinitely.
Question #9 - The Texas electricity market is deregulated and power producers and energy marketers have little to no incentive to invest in the state’s electric system to maintain reliability or to modernize it. Prior storms in Texas led to a devastating failure of the electric system causing power outages to millions of people and hundreds of deaths. After a series of investigations, reports cited under investing in the electric system as a major cause for the system failure by not properly investing and modernizing the system.