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Energy

Wind industry proposes phase out of PTCs in exchange for extension

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Good Morning.

A number of stories were set aside on Friday. Here are some issues still worth mentioning and some updates for the new week.

Our week-long series on health care innovation begins today. 

The RNA Institute, subject of Marie Cusick's story today, received a valuable boost to its research into RNA (ribonucleic acid) through a gift from St Louis-based life sciences company Sigma-Aldrich, reports the Business Review.

Governor Cuomo is making an announcement in Albany at 11.30am EST. Gun control is likely to get a mention, reports our Capital Bureau Correspondent Karen DeWitt.

The wind energy sector is proposing a plan to phase out the PTC (Production Tax Credit) for wind energy by 2018 in exchange for immediate renewal of the tax break which is due to expire by New Year's Eve reports the energycollective.com.

Kodak is ending its long relationship with Disneyland, reports the ocregister.com.

Business

CNA Insurance is looking to relocate its operations to downtown Syracuse reports The Post-Standard.

Legislation that offers tax breaks for the redevelopment of historic buildings, passed in June and delayed in this session by the governor, will have a better chance during the spring budget session says its sponsor Republican Senator Mark Grisanti. (Buffalo News)

Still in Buffalo, WBFO reports that the $6 gallon of milk everyone's talking about if the Farm Bill isn't passed soon is an exaggeration

Jobs 

Retail management looks set to be a growth employment sector reports the Democrat and Chronicle.

Any layoffs at Lockheed Martin operations in central New York are likely to be a way off, according to the Business Review.

It's been a lean year for job growth in Buffalo reports Buffalo Business First.

The massive Global Foundries operation in Malta is having a little neighborhood get-together on Thursday at 6 p.m. reports the Business Review.

Energy

The New York League of Conservation Voters has joined a coalition led by the Columbia Center for Climate Change Law to push for longer term planning on utilities. (NYLCV)

Britain's decision to proceed with hydrofracking will no doubt be the subject of close study, reports the New York Times.

Fracking

The DEC is taking comments on its new hydrofracking regulations until 5 p.m., Friday, Jan. 11, 2013.

-- Online: Submit to www.dec.ny.gov/regulations/77353.html.

-- Mail: New York State Department of Environmental Conservation, 625 Broadway, Albany, NY 12233-6510; att: High volume hydraulic fracturing revised rulemaking.

 

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