New York

No New Natural Gas Hookups in New York’s Westchester County

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By Reuters – Re-Blogged From Yahoo

New York energy company Consolidated Edison Inc said on Friday it still plans to impose a moratorium on new natural gas service in parts of Westchester County after March 15 despite a $250 million plan by the state to reduce energy usage.

“The moratorium will still go into effect after March 15,” Con Edison spokesman Allan Drury said, noting the company needs to stop hooking up new gas customers to avoid compromising gas system reliability because of limited space on existing interstate pipelines into the region.

Westchester County is north of New York City.

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High-Tax States Make It Hard for Rich to Leave

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By Bloomberg – Re-Blogged From Newsmax

This tax season, many wealthy Americans are getting an expensive jolt.

The Republican tax overhaul signed by President Donald Trump more than a year ago provides plenty of perks for the rich. But not all well-off folks are treated alike under the new law. A controversial provision that helps pay for huge corporate tax cuts punishes residents of states with higher income taxes—most of which, but not all, lean Democratic.

By setting a $10,000 cap on how much Americans can deduct in state and local taxes, or SALT for short, Washington created a pricey problem for the privileged in some parts of the country. Now that the first tax season under the overhaul is here, that reality is hitting home—and the thought of moving to a low-tax state may suddenly look more attractive.

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Weekly Climate and Energy News Roundup #348

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The Week That Was: February 16, 2019, By Ken Haapala, President, SEPP

Brought to You by www.SEPP.org, The Science and Environmental Policy Project

Quote of the Week: “Look deep into nature, and then you will understand everything better” – attributed to Albert Einstein.

Number of the Week: $425 billion plus back-up

A Note on Outgoing Longwave Radiation (Infrared Radiation): TWTW is trying to prepare a clear explanation of the effects of greenhouse gases and how the effects can be measured. They cannot be measured from the surface. The theory involves specialized fields such as theoretical molecular physics and mathematics such as integral equations. The physicists who review TWTW requested that TWTW explanations be reviewed by specialists to ensure there are no significant errors. This is being done, but the discussion of outgoing Infrared Radiation has been delayed.

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The Green New Deal: There has been a great deal written about the Green New Deal over the past week. Many criticisms are linked below to include absurd claims by the promoters. Among the more outrageous claims of the proponents not discussed are analogies to the Marshall Plan and to the mobilization for World War II. It is apparent that proponents do not understand either.

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Amazon Dumps NYC Headquarters and Its Promised 25,000 Jobs

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By Associated Press – Re-Blogged From Newsmax

Amazon.com Inc. abruptly dropped plans Thursday for a big new headquarters in New York that would have brought 25,000 jobs to the city, reversing course after politicians and activists objected to the nearly $3 billion in tax breaks promised to what is already one of the world’s richest, most powerful companies.

“We are disappointed to have reached this conclusion — we love New York,” the online giant from Seattle said in a blog post announcing its withdrawal.

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New York City Joins The “Imminent Bankruptcy” Club

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By John Rubino – Re-Blogged From Dollar Collapse

The “public pension crisis” is the kind of subject that’s easy to over-analyze, in part because there are so many different examples of bad behavior out there and in part because the aggregate damage these entities will do when they start blowing up is immense.

But most people see pensions as essentially an accounting issue – and therefore boring – so it doesn’t pay to go back to this particular well too often. Still, New York City’s missing $100 billion can’t be ignored:

New York City Owes Over $100 Billion for Retiree Health Care

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Caught Lying: NYC Climate Lawsuit Really IS About Restraining Industry, Not Saving the Planet

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From Energy In Depth, by Lea Giotto – Re-Blogged From WUWT

A top environmental lawyer for New York City says that the goal of the City’s climate litigation efforts is to restrain industry activity, an apparent contradiction to what the City has stated in recent legal filings in federal court. This admission could have a significant impact on the case moving forward.

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Another Trillion-Dollar Unfunded Liability, Part 2: Running The Hurricane Numbers

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By John Rubino – Re-Blogged From Dollar Collapse

The idea that as more people move to Hurricane Alley and other storm-prone places, the future cost of those storms will rise – and that we’re not accounting for that future cost and are therefore likely to be shocked by it – makes intuitive sense.

Now some recent studies have fleshed out the numbers, making it possible to tell this story visually (courtesy of yesterday’s Wall Street Journal). So here goes:

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