So there's grave new trouble for New York Governor Andrew Cuomo's crony-capitalist, climate alarmist…
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Crony Capitalist N.Y. Utility Subsidy Boondoggle Now Facing Federal Lawsuit

So there's grave new trouble for New York Governor Andrew Cuomo's crony-capitalist, climate alarmist utility subsidy boondoggle:  a federal lawsuit.

Since its introduction in August, CFIF has been exposing Cuomo's "Clean Energy Standard" (CES), a scheme approved by the state of New York's Public Service Commission made up entirely of his own appointees.  In a nutshell, the CES creates an artificial mandate that 50% of all the state's energy be generated by carbon-neutral plants just 13 years from now.   At a minimum, the CES will cost $1 billion in its first two years alone, and an estimated $8 billion over its 13-year existence.  And it illustrates the sort of crony capitalism that is all too common at the federal, state and local levels because the plan's subsidies will be steered…[more]

October 21, 2016 • 06:25 pm
CFIF Staff
Name Position Phone Fax
Jeffrey L. Mazzella President 703-535-5836 703-535-5838
W. Thomas Humber Founder 703-535-5836 703-535-5838
Renee L. Giachino Corporate Counsel and Sr. Vice President 703-535-5836 703-535-5838
Virginia E. Sagredo Senior Vice President 703-535-5836 703-535-5838
Timothy H. Lee Senior Vice President of Legal and Public Affairs 703-535-5836 703-535-5838
Ben Boychuk Contributing Editor 703-535-5836 703-535-5838
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"Iran's leaders, according to the nation's state-run press, now expect 'billions of dollars' in exchange for US hostages they're holding in Tehran's notorious Evin prison. Proving, yet again, the problem with ransoming hostages. ...Iran's hostage-taking habit is just one more mess the next president will have to clean up."…[more]
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