Tag

Land Sales

All articles tagged with #land sales

business29 days ago•5 min saved

California wine sector collapses as vineyard burnings and land sales surge

Facing a severe downturn, California’s wine industry is taking drastic steps: Valley Farm Management CEO Jason Smith sold off his land and burned his vineyards, saying there was no longer a way to profit as demand and production slump (pinot noir demand fell after the Sideways boom, and production is down about 30% since 2021 with large quantities of grapes unpicked). With California responsible for roughly 80% of US wine, experts warn hundreds more wineries could close in the next two years as consolidation and asset sales accelerate.

via New York Post|

#business #california #economic-decline

politics1 year ago•2 min saved

Senate and GOP face pushback over public land sales

The Senate removed a controversial provision from a major bill that would have allowed the sale of hundreds of thousands of acres of public lands, after opposition from both parties and concerns over foreign interests, with some lawmakers celebrating the preservation of public lands.

via The Hill|

#conservation #land-sales #megabill

politics1 year ago•3 min saved

GOP Proposals for Federal Land Sales Face Political and Legal Challenges

Several House Republicans have declared a red line on a megabill concerning land sales, amid ongoing debates over a 10-year moratorium on enforcing state AI laws linked to a large broadband funding package. The Senate parliamentarian has requested revisions to clarify the scope of the moratorium, which has caused division among Republicans and concerns from state officials and industry groups. The bill's language and its implications for AI regulation and broadband funding are under intense scrutiny and debate.

via Politico|

#ai-regulation #broadband-funding #land-sales

national-security3 years ago•3 min saved

"Push for Stricter Regulations on Land Sales to China and Adversaries"

Representative Mike Gallagher has introduced legislation aimed at preventing foreign adversaries, including China, from purchasing land near military bases and sensitive sites in the United States. The bill would empower the Committee on Foreign Investment in the United States to block land acquisitions by companies controlled by China, Russia, Iran, Cuba, North Korea, and Venezuela. The proposed legislation follows recent land sales near Air Force bases involving purchasers linked to China or with undisclosed ownership details. The bill would establish a presumption of denial for deals involving parcels near military bases, intelligence sites, national laboratories, and critical telecommunications nodes. The measure has bipartisan support, reflecting ongoing congressional hostility towards Beijing.

via The Washington Post|

#china #foreign-adversaries #land-sales