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Links roundup

September 11, 2011

  • The Suffolk County Legislature’s LIPA Oversight Committee is holding a public hearing tomorrow, September 12. Some of the issues the committee has been reviewing include electric rates, storm repair costs, energy efficiency and renewable programs, procurement policies, investment practices, consolidation/municipalization/privatization, audit results, and the sufficiency of existing oversight. [Suffolk County LIPA Oversight Committee]
  • That $3.5 million rebate program for energy efficient appliances that NYSERDA just started? It only took 5 days for the money to get spent. [LoHud]
  • After getting $1.5 million from NYSERDA, a solar and semiconductor equipment maker in Kingston is cutting 40 jobs. The company says that the job cuts are temporary and blamed them on the South Korean TV market and China’s restrictive economic policy. [Daily Freeman]
  • The Economic Development Corporation won’t divert any funding to help with flood recovery efforts as Assembly Minority Leader Brian Kolb had hoped. [TU Capitol Confidential Blog]
  • Fitch downgraded the MTA’s debt rating from A+ to A. [The Torch Blog]
  • And the New York City Council is considering a resolution asking the state to amend the Public Authorities Law to increase the penalty for subway fare evaders from $100 to $500. According to the resolution, “fare evaders cheated the subway system 18.5 million times in 2009, roughly the equivalent of an average of 50,684 times a day at a cost of $31 million in lost revenue.” [New York City Council Res. 1008-2011]
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