-- Connecting the dots between our economy, government and business --
Today, renewable sources make up only 10.5% of power. That includes not only current projects but also others planned with promises they will soon come online. On the promised new “equitable” jobs in clean energy industries, the state has yet to train or help place even one worker, though training programs are being set up to be in place by next year.
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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But taking money from the taxpayers is off to a fast start. I really appreciate the $30 in taxes added to last month’s ComEd bill. Carbon-free energy resource adjustment, energy transition assistance, energy efficiency programs and other such bullsh*t junk fees. Seems like we are getting zilch for it, and some favored constituency is getting a payoff. A**holes.
If you notice and are in the Nicor gas area their costs per therm are much hicher than Peoples or North Shore gas. Nicor is 42 cent per therm while peoples is 31 cent and north is 35 cent. Nicor is consistently higher than the others. Why? I emailed them many times and get back a generic reply saying they do not profit from gas prices so I emailed them back to buy the gas from other suppliers since they are much cheaper. No Reply back.
Pritzker’s Green Energy Grift And Graft Grab Bag Is Yet Another Climate-Clown-Car-Crash