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News
Everyday Economics: The economy is stuck – and so is the Fed
5+ hour, 30+ min ago (1675+ words) Government borrowing is never free — and taxpayers ultimately pay the bill. (The Center Square) – The economy is not falling apart. But important parts of it are barely moving. The major exception is investment. Business spending on equipment and intellectual property…...
Newsom announces $3,500 rebate for new EV purchasers
6+ day, 3+ hour ago (455+ words) (The Center Square) - California Gov. Gavin Newsom has announced that automakers are offering a $3,500 instant rebate for state residents buying or leasing their first new zero-emission electric vehicle as part of a $271 million incentive program. Customers buying or leasing a…...
CA gas utility infrastructure aging and expensive, study shows
1+ week, 3+ day ago (474+ words) (The Center Square) – California, like the rest of the country, is paying more to maintain its gas-powered utility infrastructure as the Golden State transitions to a more electrical-powered utility system, New research by U.C. Berkeley shows. That research, published by…...
New law makes developers pay to decommission solar panels on rented land
2+ week, 6+ day ago (497+ words) (The Center Square) – As large-scale solar projects become a growing part of Pennsylvania’s energy mix, policymakers and communities are confronting an increasingly important question: What happens to the panels and other equipment when these facilities reach the end of their…...
Decades of policy choices makes gas more expensive for Blue states: Report
1+ mon, 1+ day ago (728+ words) (The Center Square) – Policies made decades ago cause gas prices to be on average higher in Blue states than Red states, with a 55 cent gap per gallon, a new report from the Institute for Energy Research shows. Manager of policy…...
Trump to cut solar, wind subsidies on July 4th
1+ mon, 1+ week ago (480+ words) (The Center Square) - The Trump administration is set to cut subsidies for new solar and wind power projects on Saturday. Estimates suggest the subsidies have cost taxpayers more than $141 billion over the past 16 years, more than any other energy source....
Watch: Bill aims to send more auto taxes to transportation fund
1+ mon, 3+ week ago (443+ words) (The Center Square) – A bipartisan proposal in the Michigan Legislature would change how sales tax revenue from vehicle-related purchases is distributed. The proposal was featured on Wednesday’s episode of The Center Square's “The States” podcast, which highlighted committee testimony from…...
DEXIT to Texas: Companies continue to leave Delaware for Texas
1+ mon, 3+ week ago (433+ words) (The Center Square) – Companies are continuing to leave Delaware, redomiciling in other states, referred to as DEXIT. More recently, Fortune 500 companies have been making high profile announcements to redomicile in Texas, leading a DEXIT to Texas movement. They include reduced…...
Regulators approve $200M Entergy project despite ruling
1+ mon, 4+ week ago (524+ words) (The Center Square) — The Louisiana Public Service Commission rejected a judge’s recommendation that would have blocked a nearly $200 million Entergy Louisiana transmission project, clearing the way for the utility to move forward with a new high-voltage power line on the…...
Puerto Rico recovery taxes draw scrutiny from oversight board, taxpayer advocates
2+ mon, 6+ day ago (874+ words) (The Center Square) – Puerto Rico Gov. Jenniffer González-Colón faces new scrutiny over a local tax fight that critics say could raise the cost of federally funded disaster recovery work and slow the island’s long-delayed power grid rebuild. The fight centers…...