Economy

INSTITUTE INDEX: Rethinking the South's electric utility monopolies

January 28, 2020 - With Southern states' monopoly electric utilities clinging to a business model that's worsening the climate crisis, polluting the environment, and costing consumers dearly, there's growing interest in opening markets to competition. While a ballot initiative to end Florida's electricity monopoly was recently rejected by the state Supreme Court, there are efforts underway to end Virginia's monopoly system and to study the question in the Carolinas.

INSTITUTE INDEX: Will Northrop Grumman get its long-planned war with Iran?

January 10, 2020 - In a sales pitch to the Pentagon over a decade ago, the Virginia-based military contractor imagined a hypothetical war with Iran by 2020. With its dream edging closer to reality following the recent Trump-ordered killing of Iranian military leaders, Northrop Grumman — which has received billions of dollars' worth of government contracts despite a record of fraud — saw a dramatic jump in its stock price.

Big Energy front group launches push for troubled Atlantic Coast Pipeline

December 6, 2019 - An industry lobby fronting as a pro-consumer group is undertaking a public advocacy campaign for a proposed pipeline stretching from West Virginia to Virginia and North Carolina. The Consumer Energy Alliance was created by an oil industry lobbyist who now chairs the N.C. Republican Party — and its members include major gas companies as well as Dominion Energy, the pipeline's lead partner.