Regulators, eager to avoid blackouts at all costs, want to encourage construction of more power plants to meet the needs of a growing state.
Mayor Michael R. Bloomberg's plan to encourage construction of large new office towers around Grand Central Terminal as a way of keeping East Midtown commercially competitive amounts to an illegal game of "zoning for dollars," the City Club of New York has asserted.
There will be an additional £1.4bn to encourage construction of 40,000 such homes, although Labour said it was "too little, too late" given the deep cuts to housing investment in 2010, which have meant that the supply of affordable places to live has never caught up.
The United States has also become a hot market for German companies like Voith, a maker of industrial equipment, which said last month that it expected to profit from a new law intended to encourage construction of hydroelectric power plants.
By expediting U.S. LNG exports, the TPP would facilitate increased fracking, leading to greater air and water pollution, and increased health risks; increase the world's dependence on a climate-disrupting fossil fuel; and encourage construction of new fossil fuel infrastructure that would lock in greenhouse gas emissions for years to come.
Among the many programs established to encourage construction of affordable housing in New York in the last few decades, the state's 421-a negotiable certificate program uses one of the more original approaches.
The rates tend to be generous by comparison with typical investment returns today because the commission wants to encourage construction of new transmission.
Under the current chairman, Jon Wellinghoff, the agency has already created rules to encourage construction of transmission lines to places where renewable energy projects can be built.
Housebuilders benefited from proposals to encourage construction of new homes on brownfield land, as well as the lack of any new taxes or levies on the sector.
