Maryland Clean Energy Summit 2011 to discuss clean energy policy, investment and jobs

Maryland is making investments in every piece of the energy pipeline from research and development to deployment of renewable generation assets. How will public policy and private sector investment in clean energy and energy efficiency drive job creation to revive the economy of the state? Join thought leaders, industry...
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Energy: What is fracking and why has Maryland temporarily prohibited it?

Note: This is the first of a series of informational briefs from the GBC on key issues that impact Maryland and relate to the GBC’s strategic priorities. Although natural gas has been used as a fuel for centuries, it has become a current topic of great discussion because of the recent 39 percent growth rate in the U.S. natural gas resources base and the recent close examination of the methods used … Continue reading

Donald Fry: Gauging the value of the Exelon-Constellation deal

By Donald C. Fry The planned Exelon-Constellation merger, announced on April 28, prompted the anticipated media reporting and commentary under headlines proclaiming the “loss” of “Baltimore’s last Fortune 500 company.” Being a business advocate, I feel compelled to offer a few observations on this proposed merger and how to view its economic impact. First, as an aside, calling Constellation the city’s “last” Fortune 500 company hints an implied cynicism about … Continue reading

GBC’s Fry: Renewable energy development is policy-driven and incentive-sensitive

Don Fry Commentary on WYPR Last month I reported that solar power is the early alternative-energy leader as Maryland works to meet its goal that 20 percent of energy used here be from renewable sources by 2022. Wide availability of well-developed solar equipment, coupled with government incentives, is what makes solar energy the front runner. Here’s a brief update on three other developing alternative-energy sources and challenges they face. Wind … Continue reading

Donald Fry: Wind power has potential in Maryland, but solar emerges as early renewable option

By Donald Fry The prospect of Maryland developing offshore wind power received media attention this week when the Obama administration approved the nation’s first offshore wind farm near Cape Cod in Massachusetts. While this lifted the spirits of wind-power advocates in our state who are seeking development of a wind farm offshore from Ocean City, the reality is that a significant renewable energy impact from Maryland offshore facilities remains far … Continue reading

GBC-supported tax credits gain passage in 2010 Assembly session

In a 2010 General Assembly session punctuated by more fiscal shuffling to close yet another budget deficit, lawmakers managed to pass a number of bills, including several key tax credits, that could favorably impact the state’s business competitiveness. GBC-supported measures that passed the General Assembly included bills to continue and broaden an incentive program for historic building rehabilitation, to fund tax credits for bioscience investment, to extend tax credits for … Continue reading

Greater Baltimore Committee priorities for 2010 General Assembly

Preserving Maryland’s bioscience investment tax credits and other business incentives, support for charter schools and higher education resources, protecting the state’s transportation funding from being used for other purposes, and nurturing the growth of small businesses are among the Greater Baltimore Committee’s priorities for the 2010 session of the Maryland General Assembly, which convenes this week on January 13. “Recognizing that business, not government, creates jobs, our elected leaders must … Continue reading

GBC’s Fry: Good news/bad news from Constellation-EDF and Black and Decker

Don Fry Commentary on WYPR Recently there was good news and bad news from two Maryland Fortune 500 companies. First, Maryland’s business climate was strengthened by the November 6 announcement that Constellation Energy and the EDF Group had completed their $4.5 billion joint venture following the Public Service Commission’s approval of the transaction. The deal paves the way for building a third nuclear facility at Calvert Cliffs that would significantly … Continue reading

Pipkin, Garagiola spar over re-regulation at GBC Energy Symposium

Two Maryland lawmakers who are among the most vocal in Annapolis on energy policy presented opposing views on the issue of whether to re-regulate electricity rates at the Greater Baltimore Committee’s December 9 Energy Symposium. Senator E.J. Pipkin said his support for re-regulation relates to his contention that retail customers in Maryland face a “monopoly situation” for electricity supply, he told a symposium audience of more than 75 GBC members … Continue reading

Experts to GBC: Recession is dissipating, ‘green’ business opportunities emerge

A general consensus that the recession is beginning to dissipate is prompting optimism in the financial community tempered by concerns over a continuing high rate of joblessness, a still-sluggish housing market, and a wary investing public that has less confidence in financial institutions. Meanwhile, the emergence of a strong global focus on energy conservation and carbon reduction will generate significant demand for “green” products and services and create opportunities that … Continue reading