To avoid the
kind of energy crisis afflicting California, New York must
site more power plants and do so more quickly, a range of
experts on energy policy agreed in a seminar on energy issues
today.
The discussion
was part of a breakfast seminar series sponsored by the Government
Law Center of Albany Law School
State
Sen. Dean Skelos (R-Nassau County) has introduced a bill (S.2064)
to adopt the "single-sales factor" method of apportioning
corporate income in New York State to determine the corporation's
state income taxes
ALBANYBecause
tomorrow's economy will be driven by new technologies that emerge from research
institutions, New York should invest $1 billion over five years in high-tech
research universities and government research laboratories, The Business Council
told lawmakers in testimony today
The state Public Service
Commission (PSC) Wednesday approved a new five-year, $150 million annual
"systems benefit charge" (SBC) on energy to support programs in energy efficiency,
demand reduction, R&D, and affordability for low-income utility customers.
The charge will replace the
current SBC, which is $78 million a year
The New York State Board
on Electric Generation Siting and the Environment has unanimously approved,
with conditions, a new 800 megawatt power plant in Scriba, Oswego County.
The Jan. 17 vote followed
a nine-month environmental and technical review of the project under Article
X of the Public Service Law
Assemblyman Paul Tokasz (D-Cheektowaga),
the new Assembly Majority Leader, told The Council's Government Affairs
Council (GAC) that help for the upstate economy will be one of his top priorities
in his new role.
In one of his first speeches
as Majority Leader, Tokasz addressed the GAC Jan
Governor Pataki proposed
a 2001-02 budget that would cut taxes on manufacturers and other employers,
invest hundreds of millions of dollars in high-technology partnerships between
universities and businesses, and provide significant new incentives for
redevelopment of brownfields while restraining overall spending growth
Raymond T. Schuler, founding
president of The Business Council, was remembered as a "militant visionary"
at a memorial service Jan. 8 at St. Mary's Church in Albany.
Schuler died Nov. 24 in Fort
Myers, Florida, after an eight-year battle with cancer. He was 71 years
old
ALBANYReforming
New York State's corporate tax to eliminate taxation of companies' jobs and
property in the state could lead to an additional 133,000 jobs while increasing
state revenues, a new study by two leading economists concludes.
The study was
conducted for The Public Policy Institute, the research affiliate of The Business
Council of New York State, by Professor Austan Goolsbee of the University
of Chicago's Graduate School of Business and Professor Edward L
The Senate
majority has proposed an energy plan that it says would cut taxes by nearly
half a billion dollars, lowering energy costs and reducing homeowners' and
businesses' heat bills by encouraging conservation.
But Senate
Majority Leader Joseph Bruno, at the press conference at which the proposal
was announced, forcefully rejected the idea of new legislative actions to
reregulate New York's energy markets