The U.S. Environmental Protection Agency (EPA) has announced that it will finalize a sweeping new regulation, the Clean Power Plan (CPP), to fight climate change–yet, the EPA admits the CPP will have no measurable impact on global temperatures. The main effect on major regions across the country will be either steeply rising electricity rates or potentially catastrophic shortages of electricity.
Growing Pains: The Cost and Contribution of Impact Fees in Texas
Texas’s rapidly growing population requires new infrastructure and improvements, which oftentimes come at great expense. To fund these projects, local officials often impose impact fees on new development—but their use comes at a cost. Key points: Texas is the fastest-growing state in the nation. As such, it has robust infrastructure requirements. To help finance capital...