Maximize domestic market–driven production. Focus on reliable, affordable sources of energy.
New Carbon Tax a Blow to a Surging Manufacturing Sector
Just when American manufacturing is starting to flex its muscles again, a movement is underway in Washington to levy a new tax that would stifle that resurgence. Two weeks ago legislation was introduced in the U.S. Senate to establish a tax on carbon based energy - the same affordable, reliable energy partly responsible for American reshoring.
Over the next two weeks, the House and Senate Appropriations Committees will continue holding budget hearings on the proposed FY 2013-14 spending plan Governor Tom Corbett unveiled on February 5.
Here’s to trusting that when the hearings end on March 7, lawmakers conclude, as we have, that there’s a lot to like in the plan.
The 2013-14 legislative session, with 23 new lawmakers, began on January 1 under a constitutional requirement that swearing in occur the first Tuesday in January. The new members will have little time to adjust to the rules and routine as they will have to embrace transportation funding, liquor privatization, another tight budget, and we at PMA hope they will tackle key business issues left over from last year.
Here’s hoping that British High Court Judge Michael Burton has reason to view and write an opinion on Promised Land, the anti-fracking film Hollywood is serving up for the American viewing public.
New Report Details the Significant Economic Impact of Questionable EPA Regulations on Pennsylvania
PA Needs to be Positioned to Take Full Advantage of the Marcellus Shale
Total natural gas resources in the Marcellus Shale far exceed earlier government estimates, according to recent studies by two financial firms, Standard & Poor’s and ITG Investment Research. The news is a comeuppance, of sorts, for opponents of the drilling who embraced the government reports as a sign the economic development potential of shale was inflated.
Following is the Governor’s speech at the Marcellus Shale Insight Conference. In his remarks before the Shale Gas Insight Conference, Gov. Corbett captured both the promise and challenges of Pennsylvania’s expanding energy sector and its potential to restore prosperity to our state.