Keeping you up to date on our latest research
on the issues impacting New Hampshire
The state doesn’t have a budget and no one seems to care much. Most of the issues supposedly dividing the sides will be resolved easily or delayed until next year. The real dispute is over the Republican plan to cut business taxes and the governor’s fictitious criticism of it. Misleading rhetoric is used to cover a philosophical disagreement.
In the absence of a budget both sides will make claims that the other party is delaying critical services or causing uncertainty but in reality there are no crises and no threats to any agency’s funding. In the event of a cash flow issue caused by the general language of the temporary budget resolution, the fiscal committee can meet and make an accommodation as it did a few weeks ago for state parks. Click here to keep reading.
In July the EPA released the final rules for its Clean Power Plan. This plan, drawn up under the authority of the Clean Air Act and championed by President Obama, aims to cut carbon emissions from power plants by 32% by 2030. To achieve that goal, the EPA has assigned targets for each state to meet as part of that overall effort, and has given states two options how to reach them. The first imposes emissions standards on fossil fuel fired plant, called the Rate Based Goal, and the second is a complex formula based on current plants, improved efficiencies, and increasing renewable production called the Mass Based Goal. New Hampshire’s assigned target based on emissions standards would cut emissions by 23%, while the formula based reductions call for a 14% cut in emissions. While either are a tall order, it is an improvement over the first draft of the rule, which expected the state to cut emissions by 46%. Click here to keep reading.