The Wall Street Bet Behind Ithaca’s Green New Deal
Big banks and venture capital firms have flirted with the residential energy market for years. Ithaca is giving these lenders a shot with theirs.
This article was published in partnership with The American Prospect.
I have asked myself why investors are interested, and not gotten a clear answer.
You’re trying to electrify an entire city. That is going to require very large starting capital. That’s why no one’s ever done it.
We’re going to go in there and try and make it Wakanda.
A version of good cause eviction and new hate crimes are in; new taxes on the wealthy and education cuts are out. Here’s where things landed in this year’s budget.
The Assembly rejected legislation that would have sped up New York’s transition away from gas.
Low-wage manual laborers can sue to make their bosses pay them weekly. Hochul’s late-breaking budget addition may undermine that right.
The Assembly and Senate want to beef up labor standards and farmland protections for clean energy projects. Developers say that would slow down the energy transition.
State investigators accused the gas utility of “sloppiness” in managing customer funds, but took a light touch in enforcement.
What are industrial development agencies?
It’s the first step New York has taken to address its housing shortage in years — but tenant groups are fuming and real estate wants more.
As real estate developers resist wage guarantees and try to roll back tenants’ rights, a potential budget deal is at an impasse.
The county is ready to restart real estate subsidies after a two-year pause. Residents fear it won’t fix their housing crisis.