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Virginia Gov. Bars State Lawmakers Having Input on Clean Power Plan

Citing separation of powers, Virginia Gov. Terry McAuliffe (D) vetoed a bill that would have given state lawmakers authority over implementing a federal Clean Power Plan. A statement issued by Gov. McAuliffe’s office says he “supports the CPP as a necessary response to climate change and an opportunity for Virginia to become a leader in clean energy.” Lawmakers said their constituents ought to have a say, through their representatives, because the CPP could have a devastating effect on the...

Despite More than a Billion Dollars in Government Subsidies Largest Renewable Energy Company Filing for Bankruptcy

SunEdison, which bills itself as the largest green energy company in the world, a company the National Review reports has received more than $1.5 billion in state and federal government subsidies and loan guarantees, is preparing to file for bankruptcy protection from its creditors. SunEdison’s financial collapse would rank as one of the largest in recent years. The company had a market value of more than $10 billion in July of 2015 with its stock trading at approximately $32 per share. Now the...

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