WASHINGTON, Jan. 12 (TNSres) -- The Center on Budget and Policy Priorities issued the following news: By Michael Mazerov, Senior Fellow This blog post previews key findings from a forthcoming update to CBPP research on the effect of taxes on interstate migration. Like its predecessors, the latest update will show that the migration-related claims of state income tax opponents are grossly exaggerated. Policymakers will consider potential tax code changes in many states' 2023 legislative sessio  more

ALBANY, New York, Jan. 12 -- Gov. Kathy Hochul, D-New York, issued the following news release on Jan. 10, 2023: Governor Kathy Hochul today announced investments in energy affordability, clean and efficient buildings, clean air, and clean water, as part of the 2023 State of the State. The proposal will create the Energy Affordability Guarantee to ensure participating New Yorkers never pay more than six percent of their incomes on electricity. Governor Hochul also announced $200 million in relie  more

LONDON, England, Jan. 12 -- The European Union's European Bank for Reconstruction and Development issued the following news on Jan. 10, 2023: One of the most exciting consequences of the EBRD's latest climate advance - the full alignment of its own activities with the goals of the Paris Agreement from 1 January 2023 - will be the ripple effect it creates, spreading ambition to work in a greener way through the networks of its 300-plus partner financial institutions. The EBRD's business model i  more

JAKARTA, Indonesia, Jan. 12 (TNSrpt) -- Human Rights Watch issued the following news release: The Australian government's failure to uphold the rights of First Nations people and asylum seekers harms the government's credibility to promote human rights in the region, Human Rights Watch said today in its World Report 2023. Similarly, the government's continued support for fossil fuel expansion undermines its international standing on climate justice. "The Australian government should recognize   more

LAKEWOOD, Ohio, Jan. 12 (TNSrep) -- The Institute for Energy Economics and Financial Analysis issued the following analysis on Oct. 5, 2022, entitled "The Ill-Fated Petra Nova CCS Project - NRG Energy Throws in the Towel." The analysis was written by Suzanne Mattei and David Schlissel. Here are excerpts: * * * NRG Energy Inc. just sold its 50 percent stake in the world's largest carbon capture plant for only about $3.6 million, less than a half-percent of the Texas project's roughly $1 billi  more

LAKEWOOD, Ohio, Jan. 12 (TNSrep) -- The Institute for Energy Economics and Financial Analysis issued the following analysis on Oct. 11, 2022, entitled "No Justification for the $10 Billion Monopoly Power Bill Shock." The analysis was written by Simon Orme. Here are excerpts: * * * Adopting real - not fake - incentive regulation for monopoly networks will reduce inflationary pressure on household budgets. IEEFA's recent analysis (https://ieefa.org/resources/regulated-electricity-network-pric  more

RALEIGH, North Carolina, Jan. 12 -- Gov. Roy Cooper, D-North Carolina, issued the following commentary on Jan. 10, 2023: * * * North Carolinians deserve reliable, sustainable electricity at a reasonable cost, but because of increasingly severe weather and aging fossil fuel plants, that result could be less certain. That's why we now have a plan to ensure more reliable and sustainable electricity by moving more quickly toward low-cost renewable energy. We only have to look at December's severe  more

WASHINGTON, Jan. 12 (TNSrep) -- The World Bank issued the following policy research working paper (No. 10207) in October 2022 entitled "Should Electricity Market Designs Be Improved to Drive Decarbonization?". The working paper was written by Debabrata Chattopadhyay and Adam Suski. Here are excerpts: * * * Abstract Wholesale electricity spot markets of different variants have been operating in most developed countries and around 20 percent of their developing counterparts. Although these ma  more

CHARLESTON, West Virginia, Jan. 12 (TNSres) -- Sen. Joe Manchin, D-West Virginia, issued the following news release: U.S. Senator Joe Manchin (D-WV), member of the Senate Appropriations Committee, secured more than $2.4 billion in funding for top West Virginia priorities in 2022. Every year, Senator Manchin fights to secure annual funding in the Senate Appropriations Committee to support West Virginians. In addition to that annual funding, West Virginia has received and will continue to receive  more