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Second thoughts on the ,”corporate diversity was good for profits” Idea

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the staff of the Ridgewood blog

Ridgewood NJ, a series of influential McKinsey reports from the mid-2010s, which together made the case that corporate diversity was good for profits, is facing new criticism after a group of academics was unable to replicate its findings.

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Governor Murphy Pushes all Electric Cars in New Jersey on the Same day New Study Indicates EV’s have Larger Carbon Footprint

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the staff of the Ridgewood blog

Ridgewood NJ, electric vehicle skeptics have frequently argued that the manufacturing and disposal of battery-electric vehicles like Teslas as well as reliance on coal to generate the electricity that powers them leaves EVs with a larger carbon footprint than nonelectric vehicles. Unfortunately, there is a dearth of studies that have tried to approve or disapprove this notion. But finally, the Manhattan Institute has compiled a comprehensive report ( https://manhattan.institute/article/electric-vehicles-for-everyone-the-impossible-dream ) that compares lifetime greenhouse gas emissions of EVs vs. ICEs by looking at dozens of parameters and data points.

Continue reading Governor Murphy Pushes all Electric Cars in New Jersey on the Same day New Study Indicates EV’s have Larger Carbon Footprint

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Shale Oil and Gas, that’s the Ticket

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the staff of the Ridgewood blog

Ridgewood NJ, the reality about the real 21st century energy revolution Is that it’s mostly shale oil and gas, not so called “Green Energy”. While the politicians and the TV talking heads keep “charging at windmills” telling you wind and solar are the energy sources of the future.

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54% Of Black Parents Want To Ban Critical Race Theory In Schools

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photo courtesy of Boyd Loving

the staff of the Ridgewood blog

Ridgewood NJ, Critical Race Theory asserts that racism is “systemic” and therefore part and parcel of our everyday life, that the U.S. was founded upon racist structures such as slavery, and its institutions must be dismantled so we can fight inequality and inequity. In schools, children must learn about this “history” and the links between racism, race and power.

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How to fix the Port Authority

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By Post Editorial Board

January 29, 2017

The Port Authority of New York and New Jersey is an $8 billion behemoth plagued by “politicized decision-making, money-losing facilities and declining financial viability,” notes a new Manhattan Institute report that outlines how to fix it.

And thereby end the massive cost overruns, bloated payrolls, regular scandals and general waste that define the modern PA.

Authored by the Reason Foundation’s Robert Poole, a national transportation expert, the 24-page report pushes a total reinvention of the PA’s unsustainable business model, especially the way it finances its system.

Using airports, bridges and tunnels as cash cows to cover ongoing losses at other operations, like the PATH, Poole rightly notes, has meant “mediocre airports, congested and inadequate bridges and tunnels, money-losing seaports, a pathetic bus terminal, and the worst heavy-rail transit system in the nation.” And no cash available to reinvest in fixing or replacing what’s wrong.

Instead, the PA should move to finance projects via public-private partnerships, with public pension funds as key investors.

The agency would no longer own or operate the tunnels, airports, etc., but rather regulate an array of concession companies held accountable via bond covenants and the conditions of their long-term contracts.

Up-front payments for the concessions, along with investments, would provide the revenue for replacement infrastructure.

https://nypost.com/2017/01/29/how-to-fix-the-port-authority/