The Price of Private Equity’s New York Power Plant Grab
After a private equity firm purchased an upstate power plant, thousands of gallons of oil spilled into Lake Ontario. It’s part of a troubling pattern.
This article was published in partnership with The Nation.
Why would you invest in something that you’re not going to be allowed to use?
The Assembly rejected legislation that would have sped up New York’s transition away from gas.
Low-wage manual laborers can sue to make their bosses pay them weekly. Hochul’s late-breaking budget addition may undermine that right.
New York’s transparency watchdog found that the ethics commission violated open records law by redacting its own recusal forms.
The Assembly and Senate want to beef up labor standards and farmland protections for clean energy projects. Developers say that would slow down the energy transition.
State investigators accused the gas utility of “sloppiness” in managing customer funds, but took a light touch in enforcement.
What are industrial development agencies?