Empire State Development (ESD) gave out some awards yesterday. Nothing big. About $160,000 per award. In press release-speak the money is meant to "expand production and increase productivity through enhanced environmental performance."
We get this story all the time: private business buoyed by public investment. It's an inescapable part of how business and government operates.
As such, we think it's an important thing to understand. Because if you're going to moan about Tax Payer Dollars, it's always good to try to figure out how they work.
So here's the math on the Environmental Investment Program (EIP) awards.