My Turn: Mind the gap
Swedish climate activist Greta Thunberg AP PHOTO/PAUL WHITE
Published: 5/4/2021 6:53:48 AM
I watched a Greta Thunberg video last week entitled “Mind the Gap.” It was brilliant and directly rebuffed FirstLight CEO Alicia Barton’s “My Turn” in the Recorder on April 23.
The gap, as Greta sees it, is decades of missed and mis-investment to deal with Climate Change and restore our environment, and the lack of leadership from our politicians and corporate CEOs to think beyond the short term.
Ms. Barton claims in her column that FirstLight is investing $130 million in Northfield Mountain’s pump-storage facility over the term of the new license (four to five decades) that the Federal Energy Regulatory Commission (FERC) is about to give her company. This is true if her company is only looking to its short-term goals and not to what stakeholders have advocated for the past 18 years of the relicensing process.
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If you’ve been involved with an energy project in Ohio any time in the last several decades, you may well already be familiar with the Ohio Air Quality Development Authority (OAQDA), which marks its 50th anniversary this year.[1] But for two important reasons, the OAQDA may become a lot more prominent over the next year.
The OAQDA was established in 1971 under Ohio Revised Code (R.C.) Chapter 3706 to help the state meet the requirements of the recently enacted federal Clean Air Act. The core mission of the agency was to act as a conduit issuer of bonds for “air quality facilities” that reduce or prevent air pollution. Under R.C. 3706.041,[2] the qualifying facilities are then exempted from state and local sales and use tax on tangible personal property as well as real property tax for the life of the bond. OAQDA currently administers this financing and tax abatement mechanism under its “Clean Air Improvement Progr
Introduction
Recognizing that a lack of affordable, high-speed internet access has hampered economic growth and fueled inequality, the Joe Biden administration’s recently released infrastructure plan calls for investing $100 billion in the nation’s digital infrastructure. This amount is in line with third-party estimates for building last-mile fiber connectivity to most homes and businesses, but reducing prices and increasing adoption requires a radically different model for the internet service provider (ISP) market. The Biden administration and its allies in Congress should adopt open access requirements as a precondition for any federal investments. Without a massive investment to build out the country’s open fiber infrastructure and a new set of rules to govern its use, the United States risks being left behind.