Transforming Long Island Power Authority into a Public Entity
Michael Menser and Lisa Tyson have compellingly argued for transforming the Long Island Power Authority (LIPA) into a fully public utility, highlighting potential annual cost savings of up to $75 million. These savings could fund the transition of our power grid to renewable energy sources and fortify it against the increasing severity of storms and floods due to climate change. Making LIPA public would not only potentially reduce electric consumption as part of global carbon reduction efforts but also ensure fair compensation for the workers transitioning our infrastructure.
Addressing Plastic Waste on Long Island
The growing crisis of managing single-use plastic waste on Long Island demands urgent action, as highlighted by the proposed Packaging Reduction and Recycling Infrastructure Act. This legislation aims to cut plastic packaging by 50% within the next 12 years and ensure 70% of the remaining packaging is recyclable. By banning 15 toxic chemicals from plastic packaging and holding producers accountable for disposal costs, this bill seeks to significantly reduce plastic pollution, safeguarding both our environment and public health.
Enhancing Practical Financial Education
In the realm of education, there’s a strong case for shifting from traditional economic theory to more practical consumer economics courses within New York’s education system. Edward Marlatt, an experienced educator, argues that while conventional economics courses focus on systems and theories, consumer economics — which covers everyday financial skills like banking, investing, and budgeting — is far more relevant to students today. Such practical financial education is essential for equipping students to navigate today’s complex economic landscape, including understanding and avoiding financial fraud.