02/18/2021
https://congress.gov...
"the next transition if we go to full-scale renewables will be very slow. And so these projections... that we can somehow solve this with wind, solar, and battery is fanciful."
"We need to do more not only to expand our capacity but make it more affordable."
"Ultimately, the new standard has produced many concerns that CECL will have the opposite effect than intended, and rather than produce a safer financial outlook in a downturn, CECL could be procyclica..."
"I can't help but echo the comments that others have made with how irresponsible the CECL decision feels from the outside."