“It is not entirely clear, though, how Chicago will cover its increasing pensions bill as well as its current spending, given its credibility problem in the capital markets.”
The Clean Energy Progress Act the Clean Energy Jobs Act.
“No matter what you call them, these bills both would benefit Exelon and, if passed, would raise Illinois resident and business’ (ratepayers) electricity bills significantly in the process.”
Proponents are not just conveniently ignoring the fact that, if either of the two proposed bills passes, electricity rates are guaranteed to increase, but they are actively saying the opposite.