Economy

The issue of whether to levy a tax on carbon pollution hasn't gained much traction yet in Montpelier. Vermont Businesses for Social Responsiblity is trying to broaden support for the concept.
Angela Evancie / VPR file

The idea of a tax on gasoline and heating oil is politically fraught, to say the least, but one Vermont business group says it’s time for elected officials to embrace the carbon tax.

Vogel: Housing Trends

Oct 13, 2017

It’s always dangerous to make predictions about the housing market in the United States.

John Cotter, Margaret Cheney and Tom Knauer, from left, of the Public Utility Commission. On Thursday, a legislative panel approved the commission's proposal for stricter sound limits for wind turbines.
Peter Hirschfeld / VPR file

The future of ridgeline wind energy in Vermont hinges in part on proposed sound standards for large turbines, but a special legislative committee is struggling to decide whether or not to accept the new rules.

An empty marijuana jar at the Canna Care Docs clinic in Burlington. The company opened its first location in Vermont last month, and offers patients a new avenue to medical marijuana.
Emily Corwin / VPR

Two weeks ago, a new health clinic opened its doors in Burlington to do in Vermont what it has already done in several other states: bring thousands of new patients into the state’s medical cannabis program.

The issue of whether to levy a tax on carbon pollution hasn't gained much traction yet in Montpelier. Vermont Businesses for Social Responsiblity is trying to broaden support for the concept.
Angela Evancie / VPR file

A group of lawmakers has begun laying the political ground work for an increase in Vermont’s minimum wage. But legislators are struggling to find support in the business community for a plan that would take it all the way to $15 an hour.

The co-founders of the Phytoscience Institute, Willy Cats-Baril, Dr. Kalev Freeman, Monique McHenry, Tom Grace and Robin Grace, from left, say they started the firm to improve medical cannabis research. The institute won a license to open a dispensary.
Peter Hirschfeld / VPR file

The Phytoscience Institute in Waterbury won a license last week to become the state's fifth medical marijuana dispensary.  Competition for the new dispensary license was fierce, with five applicants vying for the coveted registration certificate. But the CEO of the winning cannabis research firm says he doesn't expect to profit from the dispensaries themselves.

Tom Kavet, an economist working for the Vermont Legislature, says there are challenges to forecasting the economic effects of a $15 minimum wage.
Taylor Dobbs / VPR File Photo

As the Vermont Legislature prepares for a debate next year over raising the minimum wage to $15 an hour, lawmakers are trying to figure out how the proposal would affect the Vermont economy.

A Hardwick log yard in 2004.
AP Photo/Toby Talbot

We hear a lot about Vermont's agricultural economy, but what about our working forests? Trees  cover more than 75 percent of Vermont. In past years the state's forest products industry has supported loggers, truckers and mills but its in decline and jobs and markets have been disappearing.

A few years ago I sat in the Federal Court House in Burlington and watched the full might of the US Auto Industry on display. Vermont had joined a number of other northeast states and California in requiring higher gas mileage in cars. Auto companies had then chosen to sue three states; California, New York and Vermont. The discovery requests alone had kept several staff in the state’s environmental agency busy for months.

Annie Russell / VPR

A bill likely to become law would allow additional TIF districts in the state of Vermont. TIF stands for "tax increment financing" and proponents point to the districts as a way to revitalize downtowns around the state. Critics say they divert money that would otherwise go to the Education Fund.

Walter Scheidel, a Stanford humanities professor, builds on Joseph Stiglitz's and Thomas Piketty's work on economic inequality with his own book, The Great Leveler, Violence and the History of Inequality from the Stone Age to the Twenty-first Century.

Diego Cervo / iStock

In the midst of a national discussion about whether the tech industry is welcoming to women, we're plugging into the local community and asking what's top of mind for women in tech.

Howard Weiss-Tisman / VPR

About 800 people braved frigid temperatures Saturday for a chance to walk across the nearly completed I-91 bridge in Brattleboro.

Sam Gale Rosen / VPR

The rise of Airbnb has led to debates over how rented rooms should be taxed and regulated, and raised concerns about maintaining a level playing-field for traditional inns and bed-and-breakfasts. We're talking about the sharing economy's impact on Vermont tourism, and whether it's helping or hurting the hospitality industry as a whole. 

During the first three days of the Korean War, Seoul, South Korea was overrun and devastated. Today it’s a beautiful, thriving city with modern office towers, a world class subway system and a twenty-first century airport. But, just like the United States, South Korea is experiencing the loss of manufacturing jobs – a problem that South Koreans blame on technology and cheap labor from Indonesia.

Susan Chiang / iStock.com

Finding affordable, high quality child care in Vermont is a big challenge – and it can leave Vermont parents feeling like they're out of options. Now, a commission formed to tackle the problem is out with new recommendations.

Baona / iStock

There's a new push to get more Vermonters better educated. The goal is 70 percent of the population with a college or other post-secondary degree by 2025. 

Toby Talbot / AP

The prices that dairy farmers get for milk are down this summer. Economists will tell you it's supply and demand, and there's a lot of milk being produced in the U.S. and around the world. But the picture is complicated for Vermont farms that are trying to respond to the market.

The U.S. Department of Agriculture is buying 11 million pounds of surplus cheese in an effort to feed the hungry and bolster milk prices paid to farmers.

Mount Snow

The owner of Mount Snow says its EB-5 foreign investor funded project has been approved. 

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