N.Y. Public Service Commission Chairwoman Offers Global Warming Rationalization for Taxpayer Subsidy Boondoggle
How much more in your monthly utility bill would you be happy to pay to combat global warming? Probably not much, if anything.
Unfortunately, New York state residents are being lectured that they shouldn't have any choice.
That's the upshot of a festering crony capitalist utility boondoggle cooked up by state legislators in the name of global warming alarmism, as we at CFIF detailed earlier this month.
By way of refresher, the New York Public Service Commission (PSC) approved a new "Clean Energy Standard" (CES) last month, which requires that carbon-neutral sources account for at least 50% of energy generated in the state by the year 2030. Making matters worse, CES provisions require power companies to buy Zero Emission Credits (ZECs) from a state government bureaucracy to benefit…[more]
Mark Twain famously said that there were three kinds of lies — "lies, damned lies, and statistics." Since this is an election year, we can expect to hear plenty of all three kinds.
Even if the statistics themselves are absolutely accurate, the words that describe what they are measuring can be grossly misleading.
Household income statistics are an obvious example. When we hear about how much more income the top 20 percent of households make, compared to the bottom 20 percent of households, one key fact is usually left out. There are millions more people in the top 20 percent…
"One of several nagging questions about Clinton's emails is that if there's no 'there' there, as the campaign claims, why are so many of the people involved pleading the Fifth before Congress? Why do they need a shield from self-incrimination? ... If Clinton is not personally to blame for obstructing justice by spoliating evidence that was under congressional subpoena, someone else must be. Yet somehow…[more]