Sep 17, 2020
Wyoming Lawmakers Eye End to Tax Break for New Wind Projects
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CASPER, Wyo. (AP) — Wyoming lawmakers are discussing whether to end a tax break on new wind energy projects.
The Legislature's Joint Corporations, Elections and Political Subdivisions Committee plans to take up the proposal again in November after voting 6-5 Friday to draft a bill that would eliminate a three-year electricity tax moratorium for new wind projects.
Wyoming imposes a $1 per megawatt hour tax on wind energy after the three-year grace period.
Lifting the moratorium would raise much-needed revenue, proponents say. Tough times in the coal, oil and natural gas industries have diminished state revenue by about one-third.
In response, Gov. Mark Gordon is cutting state agency budgets 10% and has told agency directors to prepare for another round of 10% cuts if necessary.
Skeptics of the bill say repeal would raise costs for consumers and discourage investment in wind power in Wyoming, the Casper Star-Tribune reported.
“We are creating uncertainty for the industry,” said Rep. Dan Furphy, a Republican from Laramie. “I’m not opposed to looking at it, but I am not ready to draft a bill to again create uncertainty for the industry.”
The tax dates to 2010. Sen. Charles Scott, a Casper Republican, introduced a motion Friday to draft another bill that would increase the tax by another $1 per megawatt hour.
The proposal failed.
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NBA Rumors: LA Clippers Could Trade Landry Shamet, Mfiondu Kabengele, And Draft Pick For Derrick Rose
In the past months, rumors have been continuously swirling around veteran point guard Derrick Rose and his future with the Detroit Pistons. Rose may have expressed his desire to remain in Detroit, but with the Pistons expected to take a different route, he’s clearly an odd fit on their roster. As of now, most people believe that the Pistons are better off trading the former MVP for assets that could help them speed up the rebuilding process.
One of the potential trade partners for the Pistons in the deal involving Rose is the Los Angeles Clippers. According to Zach Buckley of Bleacher Report, the Clippers may consider sending a package that includes Landry Shamet, Mfiondu Kabengele, and a 2022 second-round pick to the Pistons in exchange for Rose. If the deal becomes a reality, Buckley believes it would help both teams in filling up the needs to improve on their roster.
“L.A. needs to aggressively attack its deficiencies, and adding an actual floor general like Rose could be the key to unlock this offense’s full potential. Bring his 18.1 points and 5.6 assists to town, and defenses can no longer overload on Leonard and George. Rose may not be a top-shelf focal point anymore, but he’d be incredibly hard to handle as the Clippers’ third option. The Pistons’ decision to keep Rose at the deadline may have torpedoed their chances of bringing back a first-round pick, but this isn’t a bad haul. Shamet is a 23-year-old sharpshooter with some off-the-dribble wiggle, and 23-year-old Kabengele offers an intriguing blend of length, athleticism, shot-blocking and some outside shooting.”Hector Vivas / Getty Images
Rose may no longer be in his prime, but he would still be an intriguing acquisition for the Clippers. Though it’s already impossible for him to return to his MVP form, he has recently started to show a glimpse of his old self and finally unlocked his floor-spacing ability. This season, the 31-year-old floor general averaged 18.1 points and 5.6 assists while shooting 49.0 percent from the field and 30.6 percent from beyond the arc, per ESPN.
If he manages to stay away from any major injury, he could immediately address the Clippers’ need for a true point guard who will start alongside Kawhi Leonard and Paul George in the 2020-21 NBA season. His arrival in Los Angeles would help the Clippers improve their assist percentage and passes per game that ranked 24th and 28th in the regular season, respectively, per NBA.com.
Though he has not shown any indication that he already wants out of Detroit, being traded to the Clippers would also be beneficial for Rose. Aside from potentially receiving more playing time and a significant role on the offensive end of the floor, joining forces with Leonard and George in Los Angeles would give the former MVP a realistic chance of winning his first NBA championship title next year.
Meanwhile, if they decide to undergo a full-scale rebuild, the proposed scenario should be a no-brainer for the Pistons. Instead of losing Rose in the summer of 2021 as an unrestricted free agent without getting anything in return, they would be getting two promising players in Shamet and Kabengele that could join their young core and a future draft pick that they could use to add another talented prospect to their team.