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Alderman Martin: "It’s time to make the polluters that created this mess pay their fair share. As we usher in a new era of leadership, Chicago should join the growing number of cities and states across the U.S. that are taking legal action to hold Big Oil companies accountable for their role in the climate crisis and make them pay for the damage they cause."
Summary and audio linked here.
Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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So when can we take politicians, present and past , to court for installing insane policies that have ruined our state?
Coal and oil have made the United States the most powerful and influential nation on earth (that may sadly change if guys like SloJoe continue to be in office) and now because the oil and coal companies have done that they should be sued. Democrats thinking outside the box.
Of course the Tribune is stumping for this Aldercreature Perhaps the shiny new Jazz educated Harvard lawyer should go back to the 47th and work on issues his constituents actually care about, rather than regurgitating the party line. Hey counselor, who exactly do you propose to sue. Not that anyone believes you understand anything about the “fossil fuel” companies you have been told to attack. Do you sue the landowner who may leases the land to the demon fossil fuel company, how about the company that builds the wells, the company that supplies the drill bits and wellheads, the roughnecks… Read more »
Stop giving him ideas!
It is hard to believe what the Chicago Tribune has become.
Alderman Martin must be in cahoots with ComEd.
Most of the people shown in the photo drove their gas powered vehicles to the protest and had been using them all their lives. Now they complain. Why didn’t they complain before?
Because they are full of cr@p!
Matt Martin, do you own an ICE polluting car(s)?
If so then STFU!!