News and Views
Media Coverage

Wolf's Resilience Plan Hinges on Pennsylvania Shale Tax

The Bond Buyer

Pennsylvania Gov. Tom Wolf announced a $4.5 billion, four-year infrastructure resilience initiative.

The governor announced his plan Thursday in Tremont, where he was viewing the recovery from last year's flash flooding in the Schuykill County community.

"Wolf is a pragmatist in a state divided between east and west," said resilience expert Alan Rubin, a principal at law firm Blank Rome LLP in New York. "In the east, he has huge support for climate-change initiatives. In the west, he does not.

"He has to mollify different parts of the state. He's using climate risk to facilitate a budgetary solution."

"Wolf's Resilience Plan Hinges on Pennsylvania Shale Tax," by Paul Burton was published in The Bond Buyer on March 8, 2019.