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The order resolves a 2021 lawsuit brought by the state alleging that Dynegy’s disposal of coal ash led to groundwater pollution surrounding the power plant and created a public nuisance. Vermilion County State’s Attorney Jacqueline Lacy said the order not only penalizes Dynegy but should ensure the future safety of the Middle Fork.
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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