Scathing PUC Chair dissent blasted economics of Demand-Side Management
[vc_row][vc_column][vc_column_text]Supporters of so-called Demand-Side Management (DSM) say it’s an economic development tool. That’s not true. DSM is a misguided, harmful transfer payment from low income ratepayers with no choice to a preferred group of ratepayers, often commercial and industrial. No one makes this argument better than former Colorado PUC Chairman Ray Gifford, now a partner at […]
Legislative Update: hearing highlights, testimony, rent seeking, and reconsideration
SB17-188: “Repeal Income Tax Credit on Innovative Motor Vehicles,” or, as we like to call it the “repeal and repair” bill because money that would go to wealthy electric vehicle owners and corporations will instead be directed to roads and bridges. The bill passed out of Senate Finance on February 28 on a party line […]
Corporate groups squeal about ending corporate welfare
Rumors are swirling around the Capitol that corporate lobbyists are lining up in opposition to SB17-188, the repeal of the state income tax credit for “innovative vehicles.” It isn’t surprising. Whenever their place at the taxpayer trough is threatened, they squeal like a ____ (fill in the blank). We call SB17-188 “repeal and repair” because instead […]
