-- Connecting the dots between our economy, government and business --
Despite an increase in funding for wind farm operators, wind production was down in 2023. According to the Energy Information Administration, last year saw record highs in installed wind capacity and subsidies, but production is falling in Illinois and around the country
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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The 46% fundding has to be lowered to match winds total contribution to total power.
Wow. Even with Prickster blowing hot air out of every orifice. That’s amazing.
Wind doesn’t always blow when we need it. Who would have thought? It’s great to go outside once in a while….
between BJ abd JP it blows hourly!!
Need to install the turbines closer to Pritzker’s office.
Ya so they can blow the hot air away