Tag: Government Operations

Sometime this summer, Gov. Andrew M. Cuomo will perform the financial equivalent of pulling a rabbit out of his hat -- explaining how a cash-poor, heavily indebted state government (and its Thruway Authority, whose credit rating outlook was just downgraded to "negative") will come up with $5 billion to $6 billion to build a new bridge across the widest stretch of the lower Hudson River. Read More

Located some 40 miles north of New York City, in Westchester County, the Indian Point Energy Center (IPEC) consists of two operating nuclear reactors, with a combined generating capacity of over 2,000 MW, and one long-retired reactor. IPEC’s size and location are the key factors in both the power it provides and the decades-long fight to shutter the plant permanently. Read More

Residents of the metropolitan area pay some of the highest energy prices in the nation -- fully 50 percent above the national average for electricity and 21 percent above average for natural gas, according to the latest federal data. Unfortunately, the situation is only likely to get worse in years ahead, thanks in part to New York State energy policy that seems grounded mainly in wishful thinking. Read More