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A spokesman said the company projects $94 million in local tax revenue and landowner income over the life of the project, which is expected to be 20-25 years. A majority of the power Alta generates (125 megawatts) will go to the DeKalb Data Center. The rest was sold to the Indiana Municipal Power Agency.
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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What an atrocious eyesore scarring beautiful farmland in our state. This greenie technology makes you sick to your stomach. And there is no cost savings whatsoever.
I pass through the huge wind farm on I-65 every now and then, ugly. One day I came back on US 41 and was very close to the turbines. Lots of rust, even uglier close up. Waiting for a few to fall down.
No worries. Taxpayer will probably be funding their removal at some point.