The EAI Blog is a forum for our members and followers to post and share a variety of perspectives on topical issues. We encourage diverse, and civil debate. These opinions do not necessarily reflect the position of the Institute.

Robbing Economic Rescue to Fund the Climate Plan

The Vermont Climate Council and their so-called “plan” to cut the state’s greenhouse gas emissions were delt another blow when the national Democrats’ “Build Back Better” spending extravaganza wound up in the policy morgue next to the Transportation Climate Initiative (TCI). The “plan” was counting on “free” money from the feds to pay for their wish list of projects which, according to one chart presented at the Council’s December 21 meeting, tops a half a billion dollars.

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Vermont ranks 43rd in Business Tax Climate

The Tax Foundation released its annual State Business Climate rankings for 2022 on Thursday. Overall, Vermont scored 2nd worst in New England at #43, behind only Connecticut at #47.

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Climate Council Has No Idea How to Pay for their “Plan”

It is too generous to call what the Vermont Climate Council presented on December 1 a “plan.” A plan would consist of all the major and most of the minor details of how to complete a project, or at the very least a key phase of a project. A plan to build a house, for example, would include an overall design, list of necessary materials, a list of contractors (framers, excavators, carpenters, plumbers, etc.), a thorough understanding of the zoning regulations and permits necessary, a timeline, and – the big one – how much the thing will ultimately cost to complete.

 

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Medicare: Four Years to Insolvency

Peter Suderman of Reason.com keeps a close watch on Federal fiscal issues. Here’s what he tells us from the recent annual report of the Medicare trustees.    

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Meg Hansen Joins EAI Board of Directors

The Ethan Allen Institute is proud to announce that Meg Hansen has joined our Board of Directors.

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Vermont Climate Policy Is an Expensive Farce

As a bedrock principle of state energy policy, Vermont law requires the Public Utility Commission to specify “strategies for reducing electric rates to the greatest extent possible in Vermont over the most immediate six-year period, for the next succeeding six-year period, and long-term sustainable strategies for achieving and maintaining the lowest possible electric rates over the full 20-year planning horizon consistent with the goal of maintaining a financially stable electric utility industry in Vermont”.  Disturbingly however, by requiring highly subsidized wind and solar electricity our elected officials have prevented this law from being followed. 

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Clean Heat Standard – A Stealth Tax On Heating Fuel

A key component of the Climate Action Plan just put forward by the Vermont Climate Council is a  thing they’re calling “The Clean Heat Standard.” This is a convoluted scheme that is in practice a stealth tax on home heating oil, propane, natural gas, and kerosene that will drive up the costs of those products for consumers.

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Waukesha and CNN

Last month there was an horrific report out of Waukesha, Wisconsin, where a crazed driver ran his SUV through a Christmas parade, killing six people.

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What a Capital Gains Tax increase would do to Angel Investors

Leafing through a new Cato Institute monograph the other day, titled “How Wealth Fuels Growth: The Role of Angel Investment” by Chris Edwards, I extracted a few useful thoughts.

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Climate Action Plan Wages War on Rural Vermonters

Just before the Vermont Climate Council voted to pass its Climate Action Plan under the Global Warming Solutions Act, member Sean Brown, who is also Commissioner Department for Children and Families, issued this dire warning for rural Vermonters:

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