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HomeRegulations

Regulations

More Bank Failures If Congress & Biden Can’t Cut A Debt Deal.
Bankruptcy

More Bank Failures If Congress & Biden Can’t Cut A Debt Deal.

April 8, 2023 Mariel Alumit

Silicon Valley Bank customers listen as FDIC representatives, left, speak with them before the … [+] opening of a branch SVBs headquarters in Santa Clara, California, on March 13, 2023. (Photo by NOAH BERGER / AFP) (Photo […]

Homer
Climate Crisis

Homer City coal plant, the largest in Pennsylvania, will close by June

April 4, 2023 Mariel Alumit

Almost a year to the day after its last existential decision, Homer City Generation announced it will retire its coal units in Indiana County over the next three months. The state’s largest coal-fired power plant had […]

California
Gasoline

California lawmakers ‘stand up to Big Oil’ by passing bill that allows fines for price gouging at the pump

April 3, 2023 Mariel Alumit

California lawmakers on Monday approved the nation’s first penalty for price gouging at the pump, voting to give regulators the power to punish oil companies for profiting from the type of gas price spikes that […]

Finance

Fed Balance Sheet Dips As Deposit-Run Eases While Bankers Blast Biden’s Premature Re-Regulation

March 30, 2023 Mariel Alumit

President Biden is calling on regulators to tighten the rules for mid-sized banks, making the political point to ‘roll back Trump era rules’, ensuring everyone knows – despite the fact that it is not true […]

California
Climate Crisis

New California gas price law another defeat for oil industry

March 30, 2023 Mariel Alumit

SACRAMENTO, Calif. (AP) — It was just a few weeks ago that California Gov. Gavin Newsom called the oil industry the second most powerful force on earth, trailing only Mother Nature in its ability to […]

Bankruptcy

FDIC Weighs Squeezing Big Banks To Plug $23 BIllion Hole From Small Bank Failure Costs

March 29, 2023 Mariel Alumit

Yesterday, we explained that the reason why the stock price of First-Citizens Bank & Trust exploded on Monday after the FDIC revealed that it would “acquire” much of the now failed Silicon Valley Bank, is […]

Bankruptcy

Peter Schiff: Bank Regulations Aren’t The Solution; They Are The Problem

March 29, 2023 Mariel Alumit

Via SchiffGold.com, In the aftermath of the failure of Silicon Valley Bank and Signature Bank, everybody is trying to figure out what happened, who’s to blame, and what can be done to prevent it from […]

energy
Carbon Capture

David Galluch: Coming soon — the Shapiro energy tax

March 27, 2023 Mariel Alumit

In a sleight of hand worthy of a card shark, Gov. Josh Shapiro quietly acted to raise home heating and electricity costs for Pennsylvania families. It’s officially termed the Regional Greenhouse Gas Initiative, or RGGI. It should […]

Pennsylvania
CCUS

Pennsylvania wants to regulate carbon dioxide storage wells, state plans to tell the feds

March 27, 2023 Mariel Alumit

Pennsylvania is taking the first step toward regulating carbon dioxide injection wells, and perhaps all injection wells within its borders, an official with the Department of Environmental Protection said on Monday. Kurt Klapkowski, acting deputy […]

permitting
Energy Crisis

Sec. Granholm on support for permitting reform

March 26, 2023 Mariel Alumit

“We have spent so much time waiting and doing nothing and we have an old grid, now we’ve essentially got to double the capacity of our grid to make sure we get to the goals […]

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