-- Connecting the dots between our economy, government and business --
:quality(70)/cloudfront-us-east-1.images.arcpublishing.com/tronc/SI6OPPQAABBAPAF7W22C5PFYDQ.jpg)
Carbon capture and storage “could play an important role in achieving the state’s decarbonization goals,” according to the report, which was commissioned by the state legislature. But as the fight over Navigator CO2’s pipeline illustrates, battle lines are being drawn, with opponents questioning carbon capture’s very reason for being — its real-world effectiveness in reducing greenhouse gases.
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.
SIGN UP HERE FOR OUR FREE WIREPOINTS DAILY NEWSLETTER
Carbonic acid in aquifers. What could go wrong?
H2O+CO2->H2CO3
http://ccimgs.s3.amazonaws.com/2015OceanAcidification/2015OceanAcidification_ChemicalProcess.jpg