If Congress allows the wind-energy Production Tax Credit qualification period to lapse on Dec. 31, the impact on the Texas wind power industry would not be as severe as in previous expirations of the incentive, according to Jeff Clark, executive director of the Wind Coalition. Changes in the PTC language and the buildout of the state's Competitive Renewable Energy Zone has given the Texas wind industry more breathing room this time, observers said.
The Southern Environmental Law Center has released an engineering report that provides an alternative to the proposed $800 million Monroe Bypass in North Carolina. The report suggests several options to improve traffic flow in the area, including the creation of "a system of new 'superstreets' that would eliminate left turns along U.S. Highway 74."
In his "grand bargain" speech on Tuesday in Tennessee, President Barack Obama unveiled his "Fix It First" plan to close tax loopholes and cut the corporate tax rate. Obama said the money that would come from tax reform could fund infrastructure projects, enhance community college education and promote manufacturing -- all with the aim of creating jobs. Republicans were not impressed. "All I can say is what he said today really doesn’t make much sense," said Sen. Orrin Hatch, R-Utah, and a member of the Senate Finance Committee.
A Texas bill would require homeowners association board members to obtain surety bonds and insurance against fraud and dishonest acts. The legislation also aims to allow state oversight of the associations.
Texas' inadequate transportation system is costing motorists $23 billion a year, according to a study by TRIP, a national transportation research group. "Texas has fallen behind in relieving traffic congestion on its major roadways and maintaining pavement conditions on these roads," said Frank Moretti, TRIP's policy and research director. The study also found that the roads will only get worse if funding isn't increased.