Regulatory filing is among the first dealing with state’s 2021 climate law – Capitol News IL

The complaint – centered on a portion of the 2021 Climate and Equitable Jobs Act that allows utilities to recoup carbon mitigation investments – alleges the utility failed to follow the proper regulatory channels laid out in Gov. JB Pritzker’s marquee climate policy. The complaint was filed by the Chemical Industry Council of Illinois, alleging the change in billing will cost its roughly 100 member companies about $100 million combined between June 2023 and May 2024.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

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.

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