STATE HOUSE NEWS SERVICE OFFICIALS AT THE STATE pension fund expect economic cycles and market downturns will periodically affect their investments and the quarter that ended in September “was one of those periods, unfortunately,” the head of MassPRIM said as the agency also confirmed that it has connections to the failed cryptocurrency firm FTX. The […]
Colin A. Young
Posted inEnergy, Environment, State House News Service
No consensus on timing for fossil fuel heat shift
STATE HOUSE NEWS SERVICE A COMMISSION that spent the last 11 months studying ways to help the state meet its emissions reduction requirements by shifting to cleaner buildings and addressing heating fuels that contribute to greenhouse gas emissions released its final recommendations Wednesday, but was not able to come to consensus around a timeline for […]
Posted inPolitics
Baker talks politics on CNN
STATE HOUSE NEWS SERVICE STEPPING ONTO A STAGE that he usually shuns, outgoing Gov. Charlie Baker recently invited CNN to his State House office so he could share his thoughts on the midterm elections and the direction of his Republican Party. In the interview that aired Monday on the national network, the two-term governor said […]
Posted inEconomy
Boncore resigns abruptly at MassBIO
STATE HOUSE NEWS SERVICE Former state senator Joe Boncore is stepping down as CEO of the Massachusetts Biotechnology Council by the end of the year and his second-in-command, Kendalle Burlin O’Connell, will take over atop the influential organization. MassBIO announced the leadership change Friday and said that Boncore plans to “open a consulting practice and […]
Posted inEnergy, State House News Service
Wind farm raises alarms about its viability
STATE HOUSE NEWS SERVICE A MAJOR OFFSHORE wind project in the Massachusetts pipeline “is no longer viable and would not be able to move forward” under the terms of contracts filed in May and now both developers behind the state’s next two offshore wind projects are asking state regulators to pause review of the contracts […]
Posted inEnergy, State House News Service
State’s largest solar field opens in Ludlow
STATE HOUSE NEWS SERVICE A RENEWABLE ENERGY project in Ludlow will soon start generating enough power for more than 1,500 homes, boosters said as they cut the ribbon Monday on the “largest single solar field and the largest municipally-owned solar project” in Massachusetts. The Massachusetts Municipal Wholesale Electric Company said the project will generate more than […]
Posted inState Government, State House News Service
Rating agencies praise state, but also issue warning
STATE HOUSE NEWS SERVICE THE BIG THREE credit rating agencies had largely good things to say about Massachusetts this month, but one firm warned that the strong economic fundamentals and growing state reserves have a counterweight in the state’s vulnerability to coastal storms and flooding. The state is preparing for a $1 billion bond sale […]
Posted inGambling
Sports betting could start in late Jan., maybe
STATE HOUSE NEWS SERVICE AN EMERGENCY MEETING called Friday was still not enough for the members of the Gaming Commission to agree on actual dates for the potential launch of sports wagering here, but they were at least able to agree on broad windows of time for the start of in-person and mobile betting next […]
Posted inGambling
Lottery facing headwinds, sales down
STATE HOUSE NEWS SERVICE AS ECONOMIC UNCERTAINTY and an expanding menu of gambling options send lottery sales into a slide in Massachusetts and across the country, Massachusetts officials are thinking about making changes to “adjust to the current market structure” according to the head of the Lottery. Lottery sales in August were down $35.9 million, […]
Posted inHealth, Health Care, State House News Service
Biden pushes cancer moonshot at JFK Library
STATE HOUSE NEWS SERVICE SIXTY YEARS after President John F. Kennedy challenged the nation to collectively get behind the goal of putting a man on the moon by the end of the 1960s, President Joe Biden detailed another effort that he thinks could bring the American people together: what he calls a “moonshot” to end […]