Showing posts with label going green. Show all posts
Showing posts with label going green. Show all posts

Wednesday, October 6, 2010

If You Build It, Debt Will Come: A Closer Look at the Illinois Capital Spending Spree

Take a look at this report on the Illinois’s capital spending plan.  Click on the following:http://illinoispolicy.org/uploads/files/2010CapitalPigletBook.pdf

On July 13, 2009, Illinois Governor Pat Quinn signed into law legislation nicknamed “Illinois Jobs Now!”, which gave lawmakers $31 billion to dole out to pet projects, delaying much-needed spending restraint reforms while enabling the government’s profligate spending habits

Illinois is in dire financial shape, but that hasn’t stopped politicians from spending with vigor. In February 2010, the Illinois Policy Institute released the 2010 Illinois Piglet Book in conjunction with Citizens Against Government Waste, highlighting over $350 million in wasteful operational spending. This report provides a follow up to the 2010 Illinois Piglet Book by offering a closer look at Illinois’s capital spending plan

The following local projects are mentioned in the Illinois Piglet Book as questionable expenditures:

Page 7--land purchase/building renovation

$310,000 to the city of Belvidere

$150,000 to the Hampshire Park District;

$100,000 to the Rockford Park District for land acquisition

Page 9 Another investment that the state considers an integral part of getting Illinois’s economy back on its feet is…parks

• $100,000 for the Anderson Japanese Gardens for all costs associated with construction of a new pavilion

Governor Quinn’s capital bill digs Illinois into a $31 billion fiscal hole at a time the state can ill afford to take on additional debt. Far from being an investment in the state’s future, the bill’s expenditures are little more than a series of projects that at best should be postponed; at worst, they are simply handouts and earmarks. The state cannot afford to keep spending money it does not have—whether on regular appropriations or capital bills. Eventually, the bills will come due, and taxpayers will have to send more of their hard-earned money to government coffers.

Thursday, January 28, 2010

Belvidere City Council approves next steps in riverfront redevelopment plan

[the project area] owned by the city, total just over 7.1 acres within the Kishwaukee River Redevelopment area. The summit, sponsored by the National Brownfields Association, is set for March 24 in Atlanta.

The event is by invitation, and Brereton said he hopes the Belvidere site is picked to be showcased in the event, where the selected properties will be featured and reviewed by developers and investors.

Click on the following to read the rest of the storyThe Belvidere Daily Republican. - Council approves next steps in riverfront redevelopment plan

Thursday, December 3, 2009

Proposal asks for more disclosure by McHenry County Board

proposed ordinance states that it is meant to complement, not replace, the county’s existing ethics and conduct rules.

The proposed ordinance first will go before the board’s Management Services Committee. Chairwoman Ersel Schuster, R-Woodstock, who was a member of A-LAW before her 2008 election, said the ordinance would get a fair hearing.

“It looks like they’ve crossed their t’s and dotted their i’s on this thing. It looks like it’s pretty well researched,” Schuster said. “Personally, it will be whether or not [officials] want to stand up to the scrutiny.”

Northwest Herald | Proposal asks for more disclosure by County Board

Wednesday, December 2, 2009

Poison to stop carp creeping toward Great Lakes | Crain's Chicago Business

 

the fish toxin rotenone will be spread Wednesday evening near Lockport. Solano says by Thursday the poison should produce 200,000 pounds of fish carcasses, which will be taken to a landfill.

The poisoning is scheduled at the same time the U.S. Army Corps of Engineers plans to deactivate an electronic barrier on the canal for maintenance. The barrier was designed to repel the carp by giving them a non-lethal jolt.

Poison to stop carp creeping toward Great Lakes | Crain's Chicago Business

Thursday, October 8, 2009

Elgin now mashes its trash with a solar flair

downtown solar-powered trash compactor is the first of its kind for any of Waste Management's clients in Illinois or Indiana.

units can range in price from $3,000 to $5,000 each….cuts down on the number of needed collection trips by 80 percent — and it has a built-in monitor with a radio transmitter which signals crews when it is full.

With less collection needed, the city[Philadelphia] hopes to save about $850,000 the first year and about $13 million over the next 10 years, the report states.

Click on the following for the whole story:  Elgin now mashes its trash with a solar flair :: The Courier News :: Local News

Sunday, June 7, 2009

Paper Industry: Don't Kill Fuel Credit : NPR

Update of a previous report on the green power credit that is so far from green.  Click the following for the old story: http://boonecountywatchdog.blogspot.com/2009/04/pulp-nonfiction.html

by adding one-tenth of 1 percent of diesel fuel to the black liquor mix, they could qualify for the "alternative fuel mixture credit."

 

papermill.jpgMondiBusinessPaper.jpg

The credit is due to sunset at the end of the year. Snowe and other representatives from papermaking states want it to continue. But last month, ambassadors from Brazil, Chile, Canada and the head of the European commission delegation wrote a letter to Congress, complaining that the tax credit is the equivalent of a subsidy. They say it's disrupting international paper markets and decreasing prices. And they warn that failure to do away with it quickly could spark a trade war.

Paper Industry: Don't Kill Fuel Credit : NPR

Monday, June 1, 2009

GM files for Chapter 11 bankruptcy -- chicagotribune.com

beginning the wave of court filings expected in Manhattan bankruptcy court as the automaker starts a complex reorganization that the government insists can be completed within three months.

GM files for Chapter 11 bankruptcy -- chicagotribune.com

Thursday, May 21, 2009

KeithHennessey.com » Understanding the President’s CAFE announcement

A Bushes' take on the new CAFE standards—a different set of economic criteria

Obama raises standard until total societal costs equal total societal benefits, so net societal benefits equals zero.  This is the highest you can go before the model says that the rule is making society (in the aggregate) worse off, taking into account all costs and benefits.

.CAFE comparison

Click on the following for the rest of the story:  KeithHennessey.com » Understanding the President’s CAFE announcement

Daily Herald | Crystal Lake firm dumping sewage, chemicals into ground, county claims

The county also is seeking fines of up to $750 for each day the pollution occurred, though Thomas Carroll, civil division chief for the state's attorney, said that is a secondary concern.

The health department has been out there 15 times since the beginning of the year, and on at least five of those times domestic and non-domestic waste had been discharged into the soil and wetlands," she said.

Daily Herald | Crystal Lake firm dumping sewage, chemicals into ground, county claims

Northwest Herald | County wants to halt chemical plant over spills

A March 4 inspection found sewage spilling onto the ground and into a dry well on the property, as well as soils stains that apparently came from the railroad tracks but went to wetlands on the property.

The lawsuit also alleges that Chemtool never acquired the proper occupancy certificate after renovating the Crystal Lake facility in 1998.

County officials want a judge to ban Chemtool from operating its rural Crystal Lake plant until it fixes sewage and unknown chemical spills.

Northwest Herald | County wants to halt chemical plant over spills

Friday, May 15, 2009

Chicago wind-power firm plans $400M project | Crain's Chicago Business

Invenergy LLC says it has deals with property owners to erect up to 133 wind turbines on 28,000 acres in Champaign and Vermilion counties.

Chicago wind-power firm plans $400M project | Crain's Chicago Business

Friday, April 24, 2009

Kokomo, Ind., looks beyond cars for its economic survival

Here is story which everyone should read as the Rockford/Belvidere Area ponders life after GM-Janesville, Chrysler-Belvidere and all their local suppliers. 

Click on the following to read the rest of the story:  Kokomo, Ind., looks beyond cars for its economic survival - Apr. 22, 2009

Wednesday, April 22, 2009

Jenkins: GM Is Becoming a Royal Debacle - WSJ.com

A very critical op-ed from Wall Street Journal.  Unfortunately it tells too well the possible downfalls in the administration current auto bailout.

[At Chrysler, bondholders give up] nearly full recovery in a bankruptcy in return for 15 cents on the dollar

current bailout strategy amounts to asking thousands of bondholders and GM retirees to buy stock in a GM that the king's[Obama’s] own policies mean they'd be loony to buy

Click on the following to read the full storyJenkins: GM Is Becoming a Royal Debacle - WSJ.com