Elections

On the Trail With Andrew YangEmma G. FitzsimmonsReporting from New York CityJames Estrin/The New York TimesAs I rode the subway with Andrew Yang, who announced his run for mayor of New York City today, he told me that he believes the city can take back responsibility for the transit system from the state. “The city needs to control its own fate,” he said.Here’s how our morning went → More

#masthead-section-label, #masthead-bar-one { display: none }Capitol Riot FalloutInside the SiegeVisual TimelineNotable ArrestsCapitol Police in CrisisAdvertisementContinue reading the main storySupported byContinue reading the main storyHow Trump’s Worldview Is Ingrained in State and Local RepublicansAs President Trump prepares to exit the White House, his ideas, including falsehoods and conspiracy theories, continue to exert a gravitational pull among grass-roots G.O.P. officials.State Senator Amanda Chase at a gun rights rally in Virginia last year. She is vying for the Republican nomination for governor.Credit…Alyssa Schukar for The New York TimesLisa Lerer and Jan. 14, 2021Updated 5:44 p.m. ETIn Cleveland County, Okla., the chairman of the local Republican Party openly wondered “why violence is unacceptable,” just hours before a mob stormed the U.S. Capitol last week. “What the crap do you think the American revolution was?” he posted on Facebook. “A game of friggin pattycake?”Two days later, the Republican chairman of Nye County in Nevada posted a conspiracy-theory-filled letter on the local committee website, accusing Vice President Mike Pence of treason and calling the rioting a “staged event meant to blame Trump supporters.”And this week in Virginia, Amanda Chase, a two-term Republican state senator running for governor, maintained that President Trump might still be sworn into a second term on Jan. 20 and that Republicans who blocked that “alternative plan” would be punished by the president’s supporters.“They’ve got Mitch McConnell up there selling out the Republican Party,” Ms. Chase, who spoke at the protest in Washington last week, said in an interview. “The insurrection is actually the deep state with the politicians working against the people to overthrow our government.”Supporters of President Trump waved flags as they clashed with police officers and National Guard troops at the Capitol last week. Credit…Kenny Holston for The New York TimesAs Mr. Trump prepares to exit the White House and face a second impeachment trial in the Senate, his ideas continue to exert a gravitational pull in Republican circles across the country. The falsehoods, white nationalism and baseless conspiracy theories he peddled for four years have become ingrained at the grass-roots level of the party, embraced by activists, local leaders and elected officials even as a handful of Republicans in Congress break with the president in the final hour.Interviews with more than 40 Republican state and local leaders conducted after the siege at the Capitol show that a vocal wing of the party maintains an almost-religious devotion to the president, and that these supporters don’t hold him responsible for the mob violence last week. The opposition to him emerging among some Republicans has only bolstered their support of him.And while some Republican leaders and strategists are eager to dismiss these loyalists as a fringe element of their party, many of them hold influential roles at the state and local level. These local officials are not only the conduits between voters and federal Republicans, but they also serve as the party’s next generation of higher-level elected officials, and would bring a devotion to Trumpism should they ascend to Washington.The continued support for the president is likely to maintain Mr. Trump’s influence long after he leaves office. That could hamper the ability of the party to unify and reshape its agenda to help woo back moderate suburban voters who play a decisive role in winning battleground states and presidential elections.At the same time, stepping away from the president could cost the party his supporters — millions of new working-class voters who helped Mr. Trump capture more votes than any other Republican presidential candidate in history.Mr. Trump listened as Harmeet Dhillon, a California Republican, spoke at his social media summit meeting in 2019.Credit…Carlos Barria/Reuters“It is priority No. 1 to retain Trump voters,” said Harmeet Dhillon, an R.N.C. member from California. “There is no way to do that with rapid change, tacking in a different direction. Voters are looking to the party for continuity and to stay the course.”An Axios-Ipsos poll released Thursday showed that a majority of Republicans support the president’s recent behavior and say he should be the Republican nominee in 2024.Already, some from the Trump wing are threatening primary challenges to Republicans deemed insufficiently loyal to the president and fierce opposition to any Republican who works with the new Biden administration. With Mr. Trump barred from prominent social media platforms, they’re immersing themselves in right-wing media outlets and waiting for new conservative social media platforms many say are being set up.“The party is definitely with Trump,” said Debbie Dooley, a conservative activist in Georgia. “I’m seeing anger but it’s kind of nuanced. There are people that are angrier at these Republicans that have turned their backs on Trump than they are at Democrats.”That was evident shortly after 10 Republicans joined with Democrats to support impeachment on Wednesday. Within hours of the vote, Drew McKissick, the chairman of the South Carolina Republican Party, blasted out a statement attacking Representative Tom Rice, a Republican from his state who had backed impeachment.“We completely disagree with this sham and to say I’m severely disappointed in Congressman Tom Rice would be an understatement,” Mr. McKissick said.Several House Republicans also called for Representative Liz Cheney of Wyoming, a high-profile voice for impeachment, to step down from her leadership position in the party’s caucus.Anthony Sabatini, a Florida state representative, described Ms. Cheney and other Republicans who voted for impeachment as “artifacts,” saying they were out of step in a party that has embraced a more populist platform opposed to foreign interventions and skeptical of free trade.“She’s like a fossil,” he said of Ms. Cheney. “The party is completely and totally realigned. Mitt Romney wouldn’t win in a primary today. He would not be able to be elected dogcatcher today.”Representative Liz Cheney at a news conference on Capitol Hill last year. She has faced fierce attacks from fellow Republicans since announcing her support for impeachment.Credit…Anna Moneymaker for The New York TimesFor years, opponents to Mr. Trump argued that he would lose his hold on the party after a devastating event — like unrest or violence that would shock the nation. Last week’s breach of the Capitol appears to have presented that opportunity to Republicans who want to refocus the party around Mr. Trump’s policies, and dispense with the polarizing language and divisive actions that marked his four years in office.“In this world, I think there’s lots of room for the Republican Party,” said Juliana Bergeron, an R.N.C. member from New Hampshire. “I’m not sure there’s room for the Republican Party of Donald Trump.”But for many grass-roots officials, the episode at the Capitol was not the inflection point that some Republicans in Washington assumed it would be.“No, Trump does not have any blame, but the Democrats certainly do, along with all the Republicans that follow with them,” said Billy Long, the Republican Party chairman in Bayfield County, Wis., who said he was planning to break away from the G.O.P. to start a local Trump-centric third party. “The Trump movement is not over; like Trump said himself, we are just getting started.”.css-1xzcza9{list-style-type:disc;padding-inline-start:1em;}.css-c7gg1r{font-family:nyt-franklin,helvetica,arial,sans-serif;font-weight:700;font-size:0.875rem;line-height:0.875rem;margin-bottom:15px;color:#121212 !important;}@media (min-width:740px){.css-c7gg1r{font-size:0.9375rem;line-height:0.9375rem;}}.css-rqynmc{font-family:nyt-franklin,helvetica,arial,sans-serif;font-size:0.9375rem;line-height:1.25rem;color:#333;margin-bottom:0.78125rem;}@media (min-width:740px){.css-rqynmc{font-size:1.0625rem;line-height:1.5rem;margin-bottom:0.9375rem;}}.css-rqynmc strong{font-weight:600;}.css-rqynmc em{font-style:italic;}.css-yoay6m{margin:0 auto 5px;font-family:nyt-franklin,helvetica,arial,sans-serif;font-weight:700;font-size:1.125rem;line-height:1.3125rem;color:#121212;}@media (min-width:740px){.css-yoay6m{font-size:1.25rem;line-height:1.4375rem;}}.css-1dg6kl4{margin-top:5px;margin-bottom:15px;}.css-16ed7iq{width:100%;display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;-webkit-box-pack:center;-webkit-justify-content:center;-ms-flex-pack:center;justify-content:center;padding:10px 0;background-color:white;}.css-pmm6ed{display:-webkit-box;display:-webkit-flex;display:-ms-flexbox;display:flex;-webkit-align-items:center;-webkit-box-align:center;-ms-flex-align:center;align-items:center;}.css-pmm6ed > :not(:first-child){margin-left:5px;}.css-5gimkt{font-family:nyt-franklin,helvetica,arial,sans-serif;font-size:0.8125rem;font-weight:700;-webkit-letter-spacing:0.03em;-moz-letter-spacing:0.03em;-ms-letter-spacing:0.03em;letter-spacing:0.03em;text-transform:uppercase;color:#333;}.css-5gimkt:after{content:’Collapse’;}.css-rdoyk0{-webkit-transition:all 0.5s ease;transition:all 0.5s ease;-webkit-transform:rotate(180deg);-ms-transform:rotate(180deg);transform:rotate(180deg);}.css-eb027h{max-height:5000px;-webkit-transition:max-height 0.5s ease;transition:max-height 0.5s ease;}.css-6mllg9{-webkit-transition:all 0.5s ease;transition:all 0.5s ease;position:relative;opacity:0;}.css-6mllg9:before{content:”;background-image:linear-gradient(180deg,transparent,#ffffff);background-image:-webkit-linear-gradient(270deg,rgba(255,255,255,0),#ffffff);height:80px;width:100%;position:absolute;bottom:0px;pointer-events:none;}#masthead-bar-one{display:none;}#masthead-bar-one{display:none;}.css-1cs27wo{background-color:white;border:1px solid #e2e2e2;width:calc(100% – 40px);max-width:600px;margin:1.5rem auto 1.9rem;padding:15px;}@media (min-width:740px){.css-1cs27wo{padding:20px;}}.css-1cs27wo:focus{outline:1px solid #e2e2e2;}.css-1cs27wo[data-truncated] .css-rdoyk0{-webkit-transform:rotate(0deg);-ms-transform:rotate(0deg);transform:rotate(0deg);}.css-1cs27wo[data-truncated] .css-eb027h{max-height:300px;overflow:hidden;-webkit-transition:none;transition:none;}.css-1cs27wo[data-truncated] .css-5gimkt:after{content:’See more’;}.css-1cs27wo[data-truncated] .css-6mllg9{opacity:1;}.css-k9atqk{margin:0 auto;overflow:hidden;}.css-k9atqk strong{font-weight:700;}.css-k9atqk em{font-style:italic;}.css-k9atqk a{color:#326891;-webkit-text-decoration:none;text-decoration:none;border-bottom:1px solid #ccd9e3;}.css-k9atqk a:visited{color:#333;-webkit-text-decoration:none;text-decoration:none;border-bottom:1px solid #ddd;}.css-k9atqk a:hover{border-bottom:none;}Capitol Riot FalloutFrom Riot to ImpeachmentThe riot inside the U.S. Capitol on Wednesday, Jan. 6, followed a rally at which President Trump made an inflammatory speech to his supporters, questioning the results of the election. Here’s a look at what happened and the ongoing fallout:As this video shows, poor planning and a restive crowd encouraged by President Trump set the stage for the riot.A two hour period was crucial to turning the rally into the riot.Several Trump administration officials, including cabinet members Betsy DeVos and Elaine Chao, announced that they were stepping down as a result of the riot.Federal prosecutors have charged more than 70 people, including some who appeared in viral photos and videos of the riot. Officials expect to eventually charge hundreds of others.The House voted to impeach the president on charges of “inciting an insurrection” that led to the rampage by his supporters.Republican voters, too, have largely drawn a sharp distinction between the president and those who stormed the Capitol, with 80 percent saying they do not hold Mr. Trump responsible for the rioting and 73 percent saying he is protecting democracy, according to polling released by Quinnipiac University this week.Even in blue states, Republican leaders find themselves still grappling with Mr. Trump’s politics of grievance. In the New Jersey State Senate, Republicans were split on a resolution condemning Mr. Trump for inciting the crowd that attacked the Capitol. The majority of Republicans chose to abstain, and many used their time on the floor to try to flip the debate to the protests against racial injustice over the summer, and had to be reprimanded by the Senate president for veering off topic.Even if Mr. Trump fades from political life, losing his social media megaphone and bully pulpit, his supporters say his message will be carried forward by a party remade in his image and with strong structural support at all levels.Since Mr. Trump’s 2016 victory, 91 of the 168 positions on the Republican National Committee have turned over, with virtually all of the newcomers elected by Trump-aligned state parties.The president received widespread praise at a national party meeting held two days after the siege, and was greeted with applause when he called into a breakfast gathering.Already, battle lines are being drawn between the Trump wing and those who would like to move past the president.Mr. Trump spoke before boarding Air Force One on Tuesday. Since his 2016 victory, 91 of the 168 positions on the Republican National Committee have turned over, with virtually all of the newcomers elected by Trump-aligned state parties.Credit…Doug Mills/The New York TimesEfforts to mount primary challenges to incumbent Republicans are underway in several states, with the encouragement of Mr. Trump. In Georgia, potential primary candidates are reaching out to conservative activists about challenging the Republican governor, lieutenant governor and secretary of state. Other targets may include Gov. Mike DeWine of Ohio and Senators Lisa Murkowski of Alaska and John Thune of South Dakota.“The election was crooked and Republicans who could have done something did very little,” said Dave Wesener, the chairman of the Republican Party in Crawford County, Wis. “Those Republicans who have not been supportive I affectionately call RINOs. All RINOs should be primaried by conservatives.”Mr. Wesener plans to give up his role in the local Republican Party next month to demonstrate his disappointment that the party did not fight harder to overturn the results of the election. He also plans to give up his Green Bay Packers season tickets, to protest the team’s painting of racial justice slogans on its home field. In Virginia, Ms. Chase is likely to face a multicandidate Republican field for governor, which will be decided at a convention of party activists this summer. Though state G.O.P. officials opted to avoid a primary in hopes of denying Ms. Chase their nomination at a convention, the party’s activist base is filled with Mr. Trump’s most die-hard supporters.“I’ve been called Trump in heels,” Ms. Chase said. “The regular grass roots of Virginia who are not part of the Republican establishment elite, they’re supporting me.”The siege at the Capitol last week has drawn an even brighter line dividing the party. State legislators from more than a dozen states attended the protest, with at least one facing criminal charges for breaching the Capitol as part of the riot. Meshawn Maddock, an activist who is poised to be the incoming Michigan Republican Party co-chairwoman, helped organize busloads of supporters from her state to travel to the Capitol. In the days after the violence, she joined a conservative online group where some participants openly discussed civil war and martial law.Many continue to defend their role in the event.“Those who hold sway in Congress today look out on much of the country with disdain. Trump has never done that,” said State Representative David Eastman of Alaska, who attended the protest. “I, along with nearly a million other Americans, was glad to travel to D.C. to hear the president speak and thank him for his four years in office. Those in today’s ruling class will never truly understand why.”Nick Corasaniti contributed reporting.AdvertisementContinue reading the main story More

AdvertisementContinue reading the main storySupported byContinue reading the main storyJulia Letlow, whose husband died of Covid-19 before being sworn into Congress, will run for the seat.Julia Letlow said she would run to represent Louisiana’s Fifth Congressional District.Credit…Julia Letlow for CongressGlenn Thrush and Jan. 14, 2021Updated 4:28 p.m. ETJulia Letlow, the wife of Representative-elect Luke Letlow, a Louisiana Republican who died of complications from Covid-19 days before he was to be sworn in, will seek the open seat in an upcoming special election.Ms. Letlow will run as a Republican to represent Louisiana’s Fifth District, which covers the conservative northeastern part of the state. Her husband died on Dec. 29 at the age of 41 after suffering from a “cardiac condition” while hospitalized with the virus. His death came just weeks after he won the seat vacated by his former boss, Representative Ralph Abraham.“Everything in my life and in my marriage has prepared me for this moment,” Ms. Letlow wrote in a statement on Thursday. “My motivation is the passion Luke and I both shared: to better this region that we called home and to leave it a better place for our children and future generations.”Mr. Letlow, a longtime Republican aide, backed social distancing measures and the wearing of masks during his campaign, though photos from his social media accounts also showed him campaigning indoors without masks at times. He also argued for the loosening of some coronavirus restrictions when infections ebbed over the summer.Ms. Letlow, who lives in Richland Parish, currently serves as the director of external relations and strategic communications at the University of Louisiana in Monroe.Her entrance into the nonpartisan election on March 20 was widely anticipated and may discourage other Republicans who had been mulling a run from entering the race.She is likely to face Allen Guillory Sr., a Republican from Opelousas, who tallied under 10 percent in the Nov. 3 election, and Sandra “Candy” Christophe, a Democrat from Alexandria who announced last week she would run.Ms. Letlow has been active in Louisiana Republican politics for years and was selected for her university job, in part, to provide “insight into strategies and alliances” that would be helpful for the school during its interactions with elected officials, her online biography said.“I am running to continue the mission Luke started — to stand up for our Christian values, to fight for our rural agricultural communities and to deliver real results to move our state forward,” she said in her statement.AdvertisementContinue reading the main story More

AdvertisementContinue reading the main storyOpinionSupported byContinue reading the main storyTrump Ignites a War Within the ChurchAfter a week of Trumpist mayhem, white evangelicals wrestle with what they’ve become.Opinion ColumnistJan. 14, 2021, 4:18 p.m. ETTrump supporters brought a cross to pray outside the U.S. Capitol as Congress met to ratify Joe Biden’s electoral victory last week.Credit…Win Mcnamee/Getty Images“Over the last 72 hours, I have received multiple death threats and thousands upon thousands of emails from Christians saying the nastiest and most vulgar things I have ever heard toward my family and ministry. I have been labeled a coward, sellout, a traitor to the Holy Spirit, and cussed out at least 500 times.”This is the beginning of a Facebook post from Sunday by the conservative preacher Jeremiah Johnson. On Jan. 7, the day after the storming of the Capitol, Johnson had issued a public apology, asserting that God removed Donald Trump from office because of his pride and arrogance, and to humble those, like Johnson, who had fervently supported him.The response was swift and vicious. As he put it in that later Facebook post, “I have been flabbergasted at the barrage of continued conspiracy theories being sent every minute our way and the pure hatred being unleashed. To my great heartache, I’m convinced parts of the prophetic/charismatic movement are far SICKER than I could have ever dreamed of.”This is what is happening inside evangelical Christianity and within conservatism right now. As a conservative Christian friend of mine put it, there is strife within every family, within every congregation, and it may take generations to recover.On the one hand, there are those who are doubling down on their Trump fanaticism and their delusion that a Biden presidency will destroy America.“I rebuke the news in the name of Jesus. We ask that this false garbage come to an end,” the conservative pastor Tim Remington preached from the pulpit in Idaho on Sunday. “It’s the lies, communism, socialism.”The violent Know-Nothingism, which has always coursed through American history, is once again a torrent, threatening more violence in the days ahead.On the other hand, many Trump supporters have been shaken to the core by the sight of a sacrilegious mob blasting Christian pop music and chanting “Hang Mike Pence.” There have been defections and second thoughts. The Rev. Samuel Rodriguez, who delivered a prayer at the Trump inaugural, told his congregation Sunday, “We must all repent, even the church needs to repent.”The Trump-supporting Texas pastor John Hagee declared: “This was an assault on law. Attacking the Capitol was not patriotism, it was anarchy.”After staying basically level for four years, Trump’s approval ratings dropped roughly 10 points across several polls in a week. The most popular piece on the Christianity Today website is headlined, “We Worship With the Magi, Not MAGA.” In the world of secular conservatism, The Wall Street Journal editorial page called on Trump to resign. Addressing Trump supporters, the conservative talk show host Erick Erickson wrote, “Everything — from the storming of the Capitol to people getting killed to social networks banning you to corporations not giving you money — everything is a logical consequence of you people lying relentlessly for two months and taking advantage of American patriots.”One core feature of Trumpism is that it forces you to betray every other commitment you might have: to the truth, moral character, the Sermon on the Mount, conservative principles, the Constitution. In defeat, some people are finally not willing to sacrifice all else on Trump’s altar.The split we are seeing is not theological or philosophical. It’s a division between those who have become detached from reality and those who, however right wing, are still in the real world.Hence, it’s not an argument. You can’t argue with people who have their own separate made-up set of facts. You can’t have an argument with people who are deranged by the euphoric rage of what Erich Fromm called group narcissism — the thoughtless roar of those who believe their superior group is being polluted by alien groups.It’s a pure power struggle. The weapons in this struggle are intimidation, verbal assault, death threats and violence, real and rhetorical. The fantasyland mobbists have an advantage because they relish using these weapons, while their fellow Christians just want to lead their lives.The problem is, how do you go about reattaching people to reality?David French, the conservative Christian writer who fought in the Iraq war, says the way to build a sane G.O.P. is to borrow a page from the counterinsurgency handbook: Separate the insurgents from the population.That means prosecuting the rioters, impeaching the president and not tolerating cyberterrorism within a community or congregation.Others have to be reminded of the basic rules for perceiving reality. They have to be reminded that all truth is God’s truth; that inquiry strengthens faith, that it is narcissistic self-idolatry to think you can create your own truth based on what you “feel.” There will probably have to be pastors and local leaders who model and admire evidence-based reasoning, wrestling with ideas.On the left, leaders and organizations have arisen to champion open inquiry, to stand up to the cancel mobs. They have begun to shift the norms.The problem on the right is vastly worse. But we have seen that unreason is a voracious beast. If it is not confronted, it devours not only your party, but also your nation and your church.The Times is committed to publishing a diversity of letters to the editor. We’d like to hear what you think about this or any of our articles. Here are some tips. And here’s our email: [email protected] The New York Times Opinion section on Facebook, Twitter (@NYTopinion) and Instagram.AdvertisementContinue reading the main story More

AdvertisementContinue reading the main storySupported byContinue reading the main storyHow Sustainable Is the Rally in Renewable Energy Stocks?Solar and wind power companies have soared in value. Are they in a bubble or in a virtuous upward cycle?Installing solar panels on a rooftop in Fort Greene, Brooklyn. Solar power is the cheapest source of electricity in many countries, according to the International Energy Agency.Credit…Karsten Moran for The New York TimesJan. 14, 2021Updated 1:50 p.m. ETThe overall stock market was fabulous last year, but as investors focused on climate change, renewable energy stocks did even better.Consider that while the SPDR S&P 500 Exchange-Traded Fund Trust, which tracks the benchmark S&P 500, returned 18.37 percent in 2020, the Invesco Solar E.T.F., which tracks an index of solar energy stocks, soared 233.95 percent, according to Morningstar Direct. The Invesco WilderHill E.T.F., which invests more broadly in alternative energy of various types, rose 204.83 percent.Returns like those are so strong that they are unlikely to be replicated: It is possible that the stocks of companies engaged in carbon-free energy production are already in a bubble. Jason Bloom, head of fixed income and alternative E.T.F.s for Invesco, describes the sector this way: “I would call it rational optimism in view of improving fundamentals.”The International Energy Agency recently called solar-generated energy the “cheapest” electricity source in many countries. In the United States, it accounts for just 3 percent of energy output, but it is increasing rapidly. Wind power, which now supplies roughly 8 percent of domestic energy, has also been growing. There is plenty of room for expansion for many renewable energy companies.The results of the presidential election have already bolstered the returns of these companies, too. While President Trump has promoted the use of fossil fuels like coal, President-elect Joseph R. Biden Jr. has advocated a $2 trillion climate plan to “achieve a carbon pollution-free power sector by 2035.” His plan, not yet fully detailed, includes a variety of investment inducements and tax breaks.That would be more ambitious than the once-trendsetting 2045 goal of carbon-free energy production set by California. Already, solar power accounts for 18 percent of electricity generation at the utility Southern California Edison, said Erica Bowman, the company’s director of resource and environmental planning and strategy.Garvin Jabusch, chief investment officer for Green Alpha Advisors, an alternative energy investor, notes that the cost of generating electricity from solar energy is 90 percent lower than 10 years ago. Mr. Jabusch expects alternative energy prices to decline further with expanded demand. Mr. Jabusch favors companies that are “growing production capacity,” like First Solar, which has opened a new plant in Lake Township, Ohio, to expand production of its solar panels.For all its promise, investment in solar and wind power is limited by the laws of nature: Solar units can produce electricity only when the sun is shining, and wind turbines need wind.For the most part, Southern California Edison backs up its solar power with electricity generated by natural gas. But the utility recently contracted for nearly 600 megawatts of lithium ion battery storage so it can store excess electricity produced under ideal weather conditions.“Battery prices are down 90 percent over the last five to eight years,” Ms. Bowman said. “As we transition to a cleaner grid, solar generation coupled with battery storage is the cost-effective solution for California,” she added.Hydrogen fuel cells, which produce electricity by combining hydrogen and oxygen, have emerged as a possible near-term solution for use in trucking and shipping, says Mr. Bloom. But such applications will require a costly expansion of the hydrogen gas filling station network, said Steve Capanna, director of U.S. climate policy and analysis for the Environmental Defense Fund. Right now, he said, beyond “a handful in California,” there aren’t many such stations.Buying shares of renewable energy stocks now requires a degree of faith, because they are so expensive, partly because of the low interest rates engineered by the Federal Reserve, which have helped to drive the overall stock market higher. Fed support may be the biggest reason the market has withstood all the grim economic news of the coronavirus to continue its seemingly unending valuation advance.Paul Coster, a JPMorgan analyst, said that the high prices in the renewables sector are based on solid achievement. “It’s not like the dot-com era,” he said. “These are real actors with real technology.” He added, “We’re living in this wonderful moment in time when virtue and self-interest coincide.”Perhaps, Mr. Coster mused, there are still good reasons to own some of these stocks. He cited FuelCell Energy, which has negative cash flow and has consistently reported quarterly earnings losses. Mr. Coster said investors may want to project out several years.By 2025, he said, it’s “feasible” that FuelCell Energy would have $60 million in earnings before interest, taxes, depreciation and amortization, justifying a rich, growth stock valuation. Even so, the company’s shares more than doubled in the last month, and on Jan. 14, Mr. Coster warned that at current prices, the stock was already “richly valued.”AdvertisementContinue reading the main story More

Dear Fight to Vote readers,
Welcome back! I’m Sam Levine, the voting rights reporter here at Guardian US. I’ll be taking over this newsletter from the stalwart Ankita Rao.
After the attack on the US capitol last week it’s easy to forget that Georgia’s nationally-watched Senate runoff races were just a little over a week ago. While it’s difficult right now to think about anything other than what’s going on in Washington, I wanted to begin 2021 by looking at how democracy can work, rather than how it can fall apart. I saw this firsthand in Georgia, where grassroots groups organized to mobilize unlikely voters and worked to overcome severe voting barriers in Georgia, a state that has become an epicenter of voter suppression.
Methodical organizing
I spent the Monday before election day with canvassers from Georgia Stand-Up, one of several civic action groups that spent the weeks before the election getting out the vote. Our day began in a chilly church parking lot in Atlanta, where canvassers, equipped with Dunkin’ coffee and Bojangles chicken biscuits, quickly piled into vans, which were then dispatched into different neighborhoods.

Sam Levine
(@srl)
An army of canvassers with Georgia Stand Up gets ready to go out one day before the senate runoffs here. Their goal is to hit 6,078 doors today, which would put them at 100,000 doors statewide pic.twitter.com/6tWG3oU9Rn

January 4, 2021

I followed along with one group as they went into a neighborhood in Fairburn, just outside of Atlanta. In the silence of the morning, the organizers flew out of the van in groups of twos and threes and quickly, methodically covered different houses. Their goal that day was to knock on just over 6,000 doors, bringing their total across the state to just over 100,000.
‘So many people are not aware of simple voting information’ More

Illustration by Yoshi SodeokaSkip to contentSkip to site indexOpinionHow Facebook Incubated the InsurrectionRight-wing influencers embraced extremist views and Facebook rewarded them.Illustration by Yoshi SodeokaCredit…Supported byContinue reading the main storyStuart A. Thompson and Mr. Thompson is a writer and editor in Opinion. Mr. Warzel is Opinion’s writer-at-large.Jan. 14, 2021Dominick McGee didn’t enter the Capitol during the siege on Jan. 6. He was on the grounds when the mob of Donald Trump supporters broke past police barricades and began smashing windows. But he turned around, heading back to his hotel. Property destruction wasn’t part of his plan. Plus, his phone had died, ending his Facebook Live video midstream. He needed to find a charger. After all, Facebook was a big part of why he was in Washington in the first place.Mr. McGee is 26, a soft-spoken college student and an Army veteran from Augusta, Ga. Look at his Facebook activity today, and you’ll find a stream of pro-Trump fanfare and conspiracy theories.But for years, his feed was unremarkable — a place to post photos of family and friends, musings about love and motivational advice. More

#masthead-section-label, #masthead-bar-one { display: none }Capitol Riot FalloutInside the SiegeVisual TimelineNotable ArrestsCapitol Police in CrisisAdvertisementContinue reading the main storyDealBook More