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Tesla’s $2.6 billion payday for Elon Musk faces opposition

“Tesla Inc.’s proposal to give Chief Executive Elon Musk an estimated $2.6 billion payday stretched out over a decade would be too costly and too dilutive to shareholders, said one of the two largest independent services meant to advise investors on crucial shareholder votes. Tesla’s proposal “is peculiar in that it provides increasingly outsized compensation for levels of success ranging …

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Climate change lawsuits are ineffective political stunts

“Environmental activists are once again greeting a Republican administration’s resistance to setting carbon dioxide emission limits with lawsuits. In January, Mayor DeBlasio in New York City followed seven California cities that filed lawsuits over climate change last summer. These lawsuits, though, miss the point and their target. They are not suing the Trump administration. They seek to circumvent the Trump …

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Tesla touts its emissions-free cars; its factory got fined for polluting

“Tesla, the automaker determined to shift the world to environmentally friendly cars, has agreed to pay a fine of $139,500 over excess air pollution from its Fremont factory. The company, based in Palo Alto, also will install a solar array on the roof of a Boys and Girls Club in San Jose, as part of the settlement with the Bay …

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Divestment: A New York political stunt gone wrong

“We are a beacon of the world,” New York City Mayor Bill de Blasio recently wrote. Certainly, no one can deny the influence New York City has on this country. That influence is not decreed but earned by hardworking New Yorkers, and, unfortunately, the mayor’s recent actions against manufacturers in America will hurt the very people who make New York City the …

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Divestment Threatens Nation’s Energy Supply

“Oil and natural gas production is surging in New Mexico and nationally. But there’s a hidden danger lurking in the shadows: divestment. Over the past decade, critics of the petroleum industry have mounted a “keep-it-in-the-ground” campaign as a way of demonstrating their concern with climate change. But the campaign, which began in New England, has evolved into a national movement. …

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Why a Carbon Tax Does Not Work

“The tax cut Congress and President Trump delivered to the American people in late December is already paying dividends. Retirement funds and stock portfolios have boomed, corporations are repatriating billions of dollars they sheltered overseas, multiple companies have indicated they are going to invest right here in America with new factories and business expansion, and millions of workers have reaped …

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Time to rethink the Renewable Fuel Standard

Environmental Protection Agency Administrator Scott Pruitt thinks U.S. refiners are being forced to blend too much ethanol into their gasoline. His recent comments to that effect sent biofuel advocates into a frenzy. But it’s the public who should be angry. If ever a federal program had outlived its usefulness, it’s the government’s support for ethanol. Read more at The Hill. …

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State Pensions Need Reforms, Not Fewer Options

Across the country, state and local pension systems have not amassed enough assets (stocks, bonds, and other financial investments) to cover the retirement benefits promised to current and retired state and local employees. This gap is referred to as the pension funds’ “unfunded liabilities”. According to the Pew Charitable Trusts, the unfunded liabilities of state-administered pension systems across the country …

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Sen. Ericksen: Carbon tax could lead to a Washington income tax

‘State Senator Doug Ericksen says that Washington Governor Jay Inslee’s proposed carbon tax is about much more than the environment and industry. He argues that it’s part of Democrats’ long-term strategy to implement a state income tax. “You are definitely seeing the pressure being applied for those tax increases that hit working families the hardest,” Ericksen told KIRO Radio’s Dori …