Total wealth owned by American billionaires grew over half in a year. What if the US had a maximum wage or ratio to the lowest paid workers at a firm? Inequality news May-June 2021

May-June 2021 Inequality.org, In 2019, the ratio of CEO-to-typical-worker compensation stood at 320-to-1, with CEO compensation ballooning 940% since 1978.  Now a study released last month by Americans for Tax Fairness and the Institute for Policy Studies found that the total wealth owned by American billionaires grew 55% over the preceding 13 months. Their total wealth increased by $1.3 trillion during the first 11 months of the pandemic, according …

Congressional Resolution to Take Back the Grid and address fundamental conflict presented by Investor Owned Utilities pursuing shareholder gains. Black, Hispanic, and Native American households spend 43 percent, 20 percent, and 45 percent more of their income on energy bills than non-Hispanic white households.

These Lawmakers Have A Plan For The Public To Take Back The Grid (The New Republic): The resolution aims, according to the 12-page text, to establish “access to electricity as a human right and eradicate the reliance on monopolized, profit-driven utility corporations and providers and the flawed regulatory regime that has failed to regulate these utilities in the public interest.” …

Small businesses are disappearing across most sectors even though they often outperform their bigger competitors on price and quality. Big businesses with more political power tilt the playing field & destroy community economic vitality but policies can help

States and cities have potent policy tools for checking corporate power and sparking a new wave of entrepreneurship and small business development. We define “independent” to mean that the owners have full control over the business; that it’s not a franchise or subsidiary of a larger corporation. “Locally owned” means that the owner(s) live in the region. In many sectors, …

New system should connect wind and solar supply with demand

By Leslie Glustrom, Daily Camera, 16 April 2019 on PUC Sunset/Reauthorization Bill and Reform in Colorado While the clock ticks”on climate change, Coloradans are blessed with an abundance of low-cost wind, solar and storage projects. Sadly, our current regulatory system doesn’t allow this clean energy to be delivered at high levels to the communities that want it. It is now …

The next frontier in fighting climate change – your cooktop/kitchen stove: California is looking for ways to phase out fossil gas, not just from power plants but also from stoves, water heaters and furnaces

A recent report, the California Energy Commission described a “growing consensus that building electrification is the most viable and predictable path to zero-emission buildings.” Renewable gas, the report said, “can be a part of the solution to reducing [greenhouse gas] emissions from buildings, but the role is likely to be constrained by limitations on renewable gas availability, cost, and ongoing methane …

New Illinois Bill Targets 100% Renewable—Not Just Clean—Electricity by 2050

New Illinois Bill Targets 100% Renewable—Not Just Clean—Electricity by 2050: Getting to 100 percent renewables is “not just a pie-in-the-sky idea,” according to supporters, by JULIA PYPER, GTM, 4 March 2019 Capacity market reform was a primary driver of the legislation. The concept of creating a 100 percent clean electricity system only recently went from being fringe to mainstream. Now, the state …

New Mexico Senate Passes 100% Carbon-Free Electricity Target

New Mexico Senate Passes 100% Carbon-Free Electricity Target It still needs to pass the House, but the governor has already endorsed it. The state’s largest utility has too. By JULIAN SPECTOR GTM, 7 Mar 2019 If it passes, the bill’s long-term popularity will hinge on how much consumers have to pay for it. PSCO of New Mexico New Mexico has joined the drumbeat of …

Illinois bill would bring the state to 100% carbon free power by 2030

Business, enviro groups see strong prospects for Illinois 100% clean energy bill Utility Dive | Catherine Morehouse The Illinois Clean Jobs Coalition on Thursday announced a comprehensive clean energy bill that would bring the state to 100% renewable energy by 2050 with a carbon free power sector by 2030. The Clean Energy Jobs Act (SB 2132) calls for the procurement …