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Welch grills EPA Administrator Pruitt on misuse of taxpayer funds

Thu, 04/26/2018 - 4:39pm -- Anonymous

Vermont Business Magazine This afternoon, at a hearing of the House Energy and Commerce Committee, Rep. Peter Welch (D-Vermont) sharply questioned Environmental Protection Agency (EPA) Administrator Scott Pruitt on his misuse of taxpayer funds. Welch has co-sponsored a House ‘no confidence’ resolution (H.Res. 834) in response to Pruitt’s reported ethics violations, misuse of taxpayer funds, and policy actions that have undermined the agency’s core mission at the expense of the environment, public health and science.

Senate passes Leahy-led resolution urging China to respect Tibetan human rights

Thu, 04/26/2018 - 3:45pm -- Anonymous

Vermont Business Magazine The US Senate has unanimously passed a resolution calling on China to respect human rights and religious freedom in Tibet. Introduced by Senators Patrick Leahy (D-Vt.), Dianne Feinstein (D-Calif.), Ted Cruz (R-Texas), and Marco Rubio (R-Fla.), the resolution addresses one of the most important issues for the future of Tibet: the right of Tibetan Buddhists to determine their own leadership, including a future 15th Dalai Lama, free of outside interference from the Chinese government. The Senate passed the resolution Wednesday night.

Vermont Federal CU receives Wellness award, again

Thu, 04/26/2018 - 3:23pm -- Anonymous

Vermont Business Magazine On March 21, Amanda Reid, HR Specialist at Vermont Federal Credit Union, accepted the 2018 Governor’s Excellence in Worksite Wellness Award at the Worksite Wellness Conference. The award highlights worksites around the state and their efforts to promote the health and wellness of employees. Cynthia Turner, Vice President of Human Resources, and Sara Klein, HR Manager, were also recognized as outstanding individuals who played a crucial role in Vermont Federal Credit Union’s 2017 wellness program.

GMP extends deadline to enter and win Rutland Innovation Home

Thu, 04/26/2018 - 1:57pm -- Anonymous

Vermont Business Magazine Rutland’s Innovation Home, a super-efficient home to be given away in a contest designed to raise awareness about available jobs, energy innovation and the community, is weeks ahead of schedule – and organizers are extending the deadline to apply to win it. Green Mountain Power, Naylor & Breen Builders, the United Way of Rutland County, NBF Architects and dozens of partners started the project Feb.

Vermont gasoline prices up 9 cents in one week

Thu, 04/26/2018 - 1:21pm -- Anonymous

Vermont Business Magazine Average retail gasoline prices in Vermont have risen 9 cents per gallon in the past week, averaging $2.80/gallon Thursday, according to GasBuddy's daily survey of gas outlets in the state. Burlington-area prices have risen to an average of $2.88. The southern counties of the state having the lowest, with the cheapest prices in Windham County, with an average price per gallon of $2.70.

Kurrle: Current minimum wage increases better for low-income workers

Thu, 04/26/2018 - 12:27pm -- Anonymous

by Lindsay Kurrle As the Commissioner of the Department of Labor and the former owner of a small gas station and convenience store, the conversations on minimum wage are something I’ve followed and evaluated closely for years, understanding both the impact on hard-working Vermonters and small businesses.

SCORE Vermont growing and seeks volunteer business mentors

Thu, 04/26/2018 - 11:09am -- Anonymous

Vermont Business Magazine SCORE Vermont is growing and seeking volunteers with business experience to become mentors to small businesses, start-ups, and entrepreneurs. SCORE offers no cost, confidential business mentoring, free business tools, and workshops to help businesses thrive and reach their goals. SCORE mentoring services are offered via one-on-one meetings, or through emails and video. Business mentors generally have professional business experience in marketing, accounting, technology, law, banking, operations and managing small businesses.

GMP ranked #8 for most energy storage installed

Thu, 04/26/2018 - 7:47am -- Anonymous

Vermont Business Magazine Green Mountain Power was named one of a select group for connecting the most solar storage to the grid. The Smart Electric Power Alliance (SEPA) just ranked GMP eighth nationwide for megawatts of energy storage added in 2017, and the company earned ninth for watts-per-customer storage. GMP moved up two spots on the list for total storage compared to last year, showing a continued commitment to partner with customers to increase reliability and drive down costs.

Vermont forests a critical part of global bird conservation effort

Thu, 04/26/2018 - 7:21am -- Anonymous

by Christine McGowan, Forest Program Director, Vermont Sustainable Jobs Fund This spring, when the Black-throated Blue Warblers, Wood Thrush, and Scarlet Tanagers make their annual return to Vermont from Central and South America, they will find new habitats for nesting and breeding in Vermont thanks to the Woods, Wildlife and Warblers program – a partnership between wildlife biologists, foresters and private landowners in Vermont.

Vermont Yankee still casts shadow over region’s future

Thu, 04/26/2018 - 6:44am -- Anonymous

by Bruce Edwards Vermont Business Magazine At the center of the Vermont Yankee story is Vernon, a town of 2,200 at the very southeastern part of the state. The nuclear power plant buoyed the local economy and the town’s tax base for decades until the plant ceased operation in December 2014. When it was operating Vermont Yankee at its peak had more than 600 employees who earned an annual wage of $105,000, according to a 2014 study by the University of Massachusetts Donahue Institute.

EPA grants help return blighted properties to productive reuse

Thu, 04/26/2018 - 5:49am -- Anonymous

Vermont Business Magazine Four Vermont organizations will share a total of $1.35 million in Brownfields Program assessment and cleanup grants from the US Environmental Protection Agency.  Brownfields grants allow communities to clean up contaminated properties, facilitating their redevelopment and reuse and improving local economies. The Vermont organizations include the Chittenden County Regional Planning Commission, Northeastern VT Development Association, Town of Springfield and Vermont River Conservancy.

Entergy reports increase in 1Q 2018 earnings

Thu, 04/26/2018 - 3:02am -- Anonymous

Vermont Business Magazine Entergy Corporation (NYSE: ETR) today reported first quarter 2018 earnings per share of 73 cents on an as-reported basis and $1.16 on an operational basis. These results reflect the lower federal income tax rate, favorable weather of 9 cents and a loss of (4) cents from the implementation of ASU No. 2016-01, which now requires the mark-to-market of equity investments in the nuclear decommissioning trust funds at EWC. Entergy is waiting on regulators to approve its intended sale of the Vermont Yankee nuclear power plant in Vernon.