Gavin Bade
@GavinBade
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Trade and economics reporter, @WSJ. Bari sax, @futurebanddc. Michigander, DC resident, Georgetown Hoya, #LFC, #DontMuteDC. DM open.
District of Columbia, USA
Joined September 2011
Hey everyone! Today is my first day at the Wall Street Journal covering all things trade and international economic policy. Tips to Gavin.Bade@wsj.com or DM me here. Talk soon!.
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NEW: Vance open to devaluing US dollar to boost exports, he told me this spring. Lighthizer and allies mulling dollar devaluation if he’s elevated to Treasury or other leading econ post
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Well I got scooped on my own announcement here, but what Ben says is true!. Tomorrow is my last day @UtilityDive. I'm joining @politico as an energy policy reporter in May. I’m brimming with excitement, but also a bit sentimental. So if you'll indulge me, a brief thread:.
UGHHHHH I thought it was BCC!!!. But also, like, some ~professional news~.
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Hey all, now that it's official: I'm covering international trade full time for Politico. My focuses are China, Latin America and environmental issues. I'll also spearhead our team's Congress coverage. Energy sources, time to introduce me to your colleagues overseas!.
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It’s true: I’m thrilled to be joining WSJ to cover all things Trump and trade. My last day at Politico is tomorrow and I start my new role on the 13th. Thanks to all my colleagues at Politico for an amazing five years!.
Some news from @semafor's Principals newsletter this morning: Politico is considering moving Jack Blanchard, the author of London Playbook, to DC for a role writing/working on main Playbook. WSJ also continues to poach Politico staff including @Olivia_Beavers and @GavinBade.
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NEW: Trump economic advisers — led by Lighthizer — discussing ways to devalue the dollar if they win the presidency . The idea is to boost exports and reduce the trade deficit, but risks abound from inflation to foreign retaliation
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I'm sorry this still boggles me. The MFO typically patrols the demilitarized zone in the Sinai Peninsula to maintain peace between Egypt and Israel. But yesterday our guy was on the streets of DC.
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Trump ribbed automakers for not moving faster on ventilators. But Ford told me on Weds its partnership with GE Healthcare has only been in the works since last week — and the companies conceived it themselves, not in response to a White House directive. Piece updated:
Trumps tweets came after NYT reported his admin called off a deal for GM and device maker Ventec to produce up to 80K ventilators.
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If only they had a 90-day supply of coal at the airport .
11-hour power outage at Atlanta airport grounds thousands of flights:
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i need to know who did this.
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Oh wow. The Ohio House Speaker's arrest appears related to the nuclear and coal bailout package he rammed thru last year with help from the Trump campaign, which pressured state lawmakers to vote for it:
BREAKING NEWS: FBI launches raids related to Ohio's nuclear bailout, source says
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you can see how the modern GOP has shifted in that the Fox take here is not moralizing temperance, but instead SHE'S A LIGHTWEIGHT
"Don't gaslight me" -- Fox News is mad because they don't think Nessel could've actually gotten drunk on a mere two bloody marys. Beyond belief.
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UGHHHHH I thought it was BCC!!!. But also, like, some ~professional news~.
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NEW: Trump-appointed staff at USTR are delaying the transition by refusing to schedule usual meetings between career staff and Biden's team. If meetings happen, USTR has made clear political staff will sit in, say sources familiar. More:
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#Juneteenth in DC: a BLM protest passes 14th and U, the site of the #Moechella go -go show later today
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I know irony is dead, but Elon simply would not have a car company today if it weren't for ample government support in the form of Zero Emission Vehicle credits from CA it sold to other automakers stay afloat.
“Honestly, I would just can this whole bill.” Tesla CEO Elon Musk criticized federal efforts meant to spur electric-vehicle adoption, including a bill that would boost incentives for buying battery-powered cars #WSJWhatsNow
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Vance called a $500M grant for a Lansing EV factory "table scraps". Now, Harris will visit the union hall for the plant's workers, underscoring the threat of Trump's pledge to rescind the Inflation Reduction Act's unspent funds. Exclusive this morning:
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I've written 930 pieces at Utility Dive and the last one couldn't be more fitting. A fossil friendly state rejecting a utility megaproject because smaller, cleaner alternatives could be cheaper.
Indiana utility regulators on Wednesday unanimously rejected an 850 MW natural gas plant proposed by Vectren, directing the utility to evaluate alternatives to the large, centralized generation.
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All that talk of resilience, and yet. .
FERC is CLOSED at 3:00 pm ET, on May 28, 2019, and will be closed Wednesday, May 29, due to HVAC failure.
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the sum total of my personal growth in 2020 is making my french press the night before and putting it in the fridge so I have iced coffee in the morning. And it's not nothing.
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Oh shit 10k followers without a check 😎 thanks y’all for putting up with me.
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Wow that is oddly specific.
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I just sat with my face in my hands for a good 15 seconds.
The menu for the Water Bar in Park View lists more than 40 waters, including a $25 bottle harvested in the mountains of Chile. It might be the beginning of fancy water in D.C.
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Man I needed a haircut before all this started and now am just beginning to look ridiculous.
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I'm beyond pleased to announce that Utility Dive now has a podcast called The Electric Power Show! In our first episode, I talk with @storage_ESA about how they navigate a polarized Washington. Also: Midterm analysis with @IMGheorghiu and @cmorehouse10
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Utility Dive is a national and regional finalist for our FERC coverage. I can't say how proud I am of this team: Senior Editor @LarryPearlDC, Editor @IMGheorghiu and Associate Editor @cmorehouse10! Plus Managing Editor @DebBarrington keeping us all together!.
Congratulations to the @UtilityDive @RetailDive and @marketingdive teams on being named finalists for the 2019 Azbee Awards of Excellence by @ASBPE Learn more about their work: #businessjournalism
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100% clean power by 2035 is a political sweet spot for Biden. Energizes greens and renewables sector, pushes fracking debate to back burner, and is LOADS more popular than a carbon tax or cap-and-trade. Not a holistic climate policy in itself, but you see why they chose it.
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NEW THIS AM: Protestors haves scaled the FERC building to unveil a banner calling for it to become the “Federal Renewable Energy Commission”
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Can I be cancelled by every corner of climate, energy and rose twitter with one article? Find out tomorrow in @Morning_Energy!.
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NEW TODAY: POLITICO, E&E are unionizing. This morning over 80 percent of the newsroom told management we are forming a union with the Washington-Baltimore News Guild. We love what we do and deserve a say in our pay, benefits and work environment. More:.
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Joe Manchin tells Politico he changed his mind on McNamee after viewing video Utility Dive released here
@Sen_JoeManchin .@Sen_JoeManchin: "After viewing video footage, which I had not previously seen, where Bernard McNamee outright denies the impact that humans are having on our climate, I can no longer support his nomination to be a FERC Commissioner." (cc @GavinBade).
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Cheers erupt from House chamber as CHIPS passes 243-187-1, with 24 GOP yes votes. After all that, it wasn’t close.
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Why are power plants freezing throughout the south? Part of the reason is owners are typically worried about cooling thermal plants during summer, so some are built "non-enclosed" — literally without walls! . Example from the FERC-NERC report on the 2018 cold snap:
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NEW: Lyft will move to 100% electric vehicles on its platform by 2030. Presser going on now:
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Hello from downtown. It’s a family affair on 16th st, or the newly renamed Black Lives Matter Plz. Maybe a thousand folks here already, folks playing music, handing out food and water. Many events planned this afternoon and evening, including Moechella Go-Go shows!
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RGGI saves Beaver Valley -- probably the biggest single consequence of the regional carbon pricing scheme
📢 The Beaver Valley #nuclear plant will no longer be closing. That means Pennsylvania will keep 1,000 local jobs and 1,872 megawatts of carbon-free power generated by the plant. It’s a great day for nuclear carbon-free energy! via @PittsburghPG.
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Everyone dogs me for always being late but I just showed up to an event a WEEK early so there.
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Ohhh boiiii get ready for a whole new round of MY RESOURCE SAVED THE FROZEN GRID.
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no greater terror than an incoming call from an unknown 202 number a minute after your story posts.
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Might we mark this day as the beginning of the end for the gas peaker?.
@PGE4Me's storage projects, approved yesterday by @californiapuc, mark the first time a U.S. electric utility is directly replacing multiple major fossil fuel generators with batteries
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Someone prefaced an email with "just between us girls" and now you all have to use use that to go on background with me.
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Visited a floating solar array at Orlando muni. This a pilot but utility expects new, larger project to beat ground-mounted solar on price!
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In Michigan, industrial policy is back, and so are manufacturing jobs. So why isn’t economic security? My report from Flint and Lansing this summer:
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New from me: Biden and key lawmakers want to use trade policy to fight global warming, conditioning new trade deals on climate commitments and imposing carbon tariffs on imports:
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Every time I give a speech at one of these conferences boomers come up to me saying Oh I love your passion!. And I'm just like Yeah I give af if we cook the planet. What about you?.
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Huge development! Big Oil vs Big Electricity is already happening.
NEW: There’s a new industrial alliance in Washington. Tesla, Rivian, and Uber are joining forces with lithium companies, charging companies, and some of the country’s biggest utilities to form @zeta_2030. Its goal: Make 100% of new vehicles EVs by 2030.
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All set up in the Rose Garden for the USMCA joint statement with AMLO and Trump. We’re not expecting them to take questions but you never know
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Went to find a great spreadsheet I found on pipeline contracts and realized I DREAMT IT.
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A TVA contractor prevented workers from wearing protective gear while cleaning up the Kingston coal ash spill because "public perception was that the site was dirty," according to court testimony from one employee: 30 workers are dead, 200 sick or dying.
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Am I being sold a pickup truck?.
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God give me the confidence to ride into Texas and propose RATEBASING TEN GAS PLANTS lmao this guy is hilarious.
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Heinrich: "Do any of you believe we are facing a national security emergency in wholesale power markets? ". 5 FERC regulators: [Silence]. "Let's move on".
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Interesting: Former PJM CEO Andy Ott signed a letter to Hill leaders saying grid reliability can be "preserved and enhanced with the Clean Electricity Performance Program (CEPP)" Congress is considering. Host of other clean energy experts on there too
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That is a WOW. Many analysts have told me the switch to electric delivery vans will be a watershed moment for the EV market. They just all talked about it in mid-2020s terms.
Breaking: Amazon ordering 100,000 electric delivery vehicles from Rivian, Bezos says.
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If you're looking for a tagline for the #GreenNewDeal, here you go.
"We can use the transition to 100% renewable energy as the vehicle to establish economic, racial and social justice in America," AOC says. "That is our proposal and that is what we are here to do."
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Today in @Morning_Energy, Sen. Joe Manchin, tells @AnthonyAdragna the White House is "afraid" to nominate Dem FERC pick Allison Clements because she's “smarter than all of them put together.”. Full interview for Pros:
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If you or a friend work in the energy/climate space and are participating in police brutality protests anywhere, I would love to talk to you! DM is open. Please RT and like to spread this request! I can protect source identities if they have fear of reprisal.
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NEW today: My investigation into how Trump admin political influence at FERC is affecting its focus, staffing and ability to oversee the power markets: .Paywall for now, but I thought the kicker really captured the change in tone many sources referenced:
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Tonko: Did DOE consider costs to consumers of NOPR?.Perry: "What's the cost of freedom?"
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Good news! There's now a landing page for my periodic series on the shifting global trade landscape, where you can access all of my magazine-length reporting on international economics, industrial policy and the (new) Cold War:
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Warren’s been behind in the climate white paper race, but co-opting Inslee’s platform is one way of winning over the wonk class.
.@JayInslee provided bold, detailed ideas on how to confront climate change, and his ideas should remain at the center of the climate agenda. Today, I'm adopting and building upon his ten-year action plan to achieve 100% clean energy for America.
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Reelection SEALED. That's Pure Michigan baby.
Democrat Michigan Attorney General admitted on Facebook tonight to getting so drunk at the UM v MSU football game that she needed to be wheeled out of the stadium to vomit. Pic is from her post. Link to admission: .
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Man I avoided Covid for two years and Omarion came and touched me. Get tested DC, shit is serious.
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HUGE day for China policy on the Hill, with six hearings this morning and more later. I'm at Senate Banking for clues on outbound investment review, my colleagues are all over Capitol Hill. Stay tuned for updates!
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Shameless promotion of colleagues: In less than 6 years, Industry Dive went from zero to 1 MILLION subscribers across 13 different publications In today's media environment, it's great to work for a growing, innovative company.
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Well that was a quick exchange on our planetary crisis. A couple takeaways from the climate round:. Inslee really didn't seize his moment. Maddow gave it right to him and he didn't communicate the true ambition and scope of his plans, which are much more than 100% clean power.
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Got bumped to first class to BWI after my flights home got majorly messed up and maaaan do I feel the resentment as folks pass by me sipping my g&t.
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Huh: Jay Inslee is giving the keynote at the NARUC conference today. Seems to be a last minute addition. Why would he want to butter up state utility regulators now? Unless he's on the shortlist for a position like FERC, EPA or DOE. very interesting.
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NEW: Katherine Tai, the head trade lawyer for the House Ways and Means Committee, is garnering broad support from lawmakers, labor and industry to be the next U.S. Trade Representative. “Everyone likes Katherine Tai,” one staffer said. Pros:
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Thought I didn't have an addictive personality. Then started working in an office with free nitro cold brew.
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I'll be live on @CBS News tonight talking Rick Perry, impeachment and what's next for DOE. Tune in at 5:45 Eastern! Think it should be here:
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So FERC Chairman Danly "will not be conducting briefings or any meetings with the news media," according to an email from FERC, because he "views his FERC role as that of an adjudicator.". I don't know how those things are mutually exclusive, but that's what we're dealing with.
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This bot tweets a different balancing authority's fuel mix every 60 minutes and is my new fav. h/t @alexcguillen.
South Carolina Electric & Gas Company (SCEG): 2445 MWh. Coal: 352 MWh.⚫️⚫️⚫️⚫️⚫️.Nuclear: 995 MWh.⚛️ ⚛️ ⚛️ ⚛️ ⚛️ ⚛️ ⚛️ ⚛️ ⚛️ ⚛️ ⚛️ ⚛️ ⚛️ .Other: 1 MWh.❓.Natural gas: 1003 MWh.🛢️ 🛢️ 🛢️ 🛢️ 🛢️ 🛢️ 🛢️ 🛢️ 🛢️ 🛢️ 🛢️ 🛢️ 🛢️ .Hydro: 94 MWh.💧💧.
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My colleagues at @industrydive are SO FUNNY that they STOLE MY BURRITO off the lunch table and I've spent the past TWO HOURS stalking around the office interrogating people for it.
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A disturbing aspect of the Omar Jimenez arrest is the arbitrariness. He was just doing his job, actively tried to comply. Didn't matter. What I want folks to get is this is often the norm for black people. Nothing wrong has to happen to attract police attention and action.
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