Energy & Environment

Indiana oil production surges amid high prices

May 3, 2012
Chris O'Malley
Crude-oil production jumped 8.3 percent in Indiana in 2011, to just under 2 million barrels—the highest output in a decade, according to data from the Indiana Department of Natural Resources.
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Power-grid software maker lands $7M in venture capital

May 1, 2012
Chris O'Malley
Indianapolis-based Blue Pillar Inc., which makes software to manage electrical grids, has closed on $7 million in funding from four venture capital firms, it said Monday.
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Indiana announces proposed Duke Energy settlement

April 30, 2012
Associated Press
Duke Energy Corp. has agreed to cap the cost of its troubled coal-gasification plant in southwestern Indiana at $2.6 billion, or about $700 million less than the expected cost of construction, as part of a proposed settlement announced Monday.
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Indianapolis expects savings from sweeping energy projectRestricted Content

April 28, 2012
Marc D. Allan
The city is guaranteed $7.5 million in savings over 15 years from a $18 million upgrade of city facilities, and the savings are expected to accumulate further.
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Plant upgrades might cost IPL nearly $1 billionRestricted Content

April 28, 2012
Chris O'Malley
New federal mercury-reduction regulations may force Indianapolis Power & Light to spend nearly $1 billion to upgrade its coal-fired electric plants scattered around Indiana. Duke Energy is mulling everything from plant upgrades to shutting down older units.
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Work on city's 8-mile sewage tunnel gets underway

April 26, 2012
Associated Press
Work is starting on an 8-mile-long tunnel under the south side of Indianapolis that is the first major part of a $1.6 billion project aimed at reducing the release of raw sewage into the city's rivers.
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Downtown building owner faults IPL for outagesRestricted Content

April 21, 2012
Chris O'Malley
The owner of Market Square Center is complaining to state utility regulators that Indianapolis Power & Light has failed to provide reliable service to the office building, better known as the Gold Building, at 151 N. Delaware St.
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New Dow, Monsanto crop needs study, vegetable growers say

April 18, 2012
A coalition of vegetable growers, including one from Indiana that contains Red Gold Inc., wants U.S. regulators to study the potential damage facing their fields from a new generation of herbicide-tolerant crops.
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Central Indiana biodiesel producer files for bankruptcy

April 11, 2012
Scott Olson
E-biofuels LLC in Middletown has fallen into liquidation, listing debts of $17.3 million. The closing of the plant leaves four remaining facilities in the state capable of producing biodiesel fuel.
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Indiana farmers tempted to plant early by warm spring

April 9, 2012
Associated Press
Many farmers across Indiana have been weighing whether to take advantage of this spring's warm weather and plant their crops earlier than usual. Doing so, however, would put them at risk.
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Russian investor gives Ener1 fresh startRestricted Content

April 7, 2012
Kathleen McLaughlin
A Russian timber tycoon who poured millions into a battery maker with Hoosier roots is the new owner of Ener1 Inc. Boris Zingarevich supplied $50 million for Ener1’s March 30 exit from bankruptcy and is moving its headquarters from New York to Indianapolis—already home to its core subsidiary, EnerDel.
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Purchase of city water utility lifts Citizens Energy's profitsRestricted Content

April 7, 2012
Chris O'Malley
The $1.9 billion sale of the city’s water and sewer utilities was a profit gusher last year for buyer Citizens Energy Group—at least on paper. Dwarfing the returns of its gas, thermal and other divisions, the newly renamed Citizens Water turned a profit of $53.4 million.
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Merger of pollution boards worries enviros, chamber

April 6, 2012
Associated Press
A new state law that merges three longtime rule-making boards into a single panel is stoking concerns among business and environmental groups about what the shift could eventually mean for Indiana's environmental regulations.
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High gas prices leading to lower demand for ethanol

April 6, 2012
Bloomberg News
Waning demand for gasoline is putting the United States on course to miss a target for ethanol use for the first time, signaling no let-up in the slide in prices.
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Daniels, hopefuls support Indiana corn ethanol

April 3, 2012
Associated Press
The Democrat and Republican running to replace Gov. Mitch Daniels spent most of their Tuesday morning talk with Indiana corn growers and ethanol producers outlining their similarities, starting with the fact that their campaign vehicles run on E85 ethanol blends.
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EPA moves closer to approval of 15-percent ethanol gas

April 2, 2012
Associated Press
The federal government announced Monday it has taken a step toward wide distribution of fuel containing 85 percent gasoline and 15 percent ethanol by allowing manufacturers to register as suppliers.
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Investors still may clean up on some clean-tech betsRestricted Content

March 31, 2012
Greg Andrews
The spectacular flameouts of some startup firms underscores the risk of relying on infusions of federal money to keep a business viable.
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Indiana fruit growers hope cold stays away after heat

March 27, 2012
Associated Press
Indiana fruit growers whose trees were lured into blooming weeks ahead of normal by a March heat wave surveyed their orchards Tuesday following a night of freezing or near-freezing temperatures that threatened the trees' tender blossoms.
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Delaware County regroups after green factories fizzle

March 20, 2012
 IBJ Staff and Associated Press
A central Indiana county is pulling back its financial support for a pair of green-energy companies who so far haven't delivered on plans for factories with hundreds of workers.
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How key bills fared during 2012 Indiana legislative sessionRestricted Content

March 17, 2012
Right-to-work, smoking ban were only two of a long list of actions taken.
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Corn crop could be 'huge' on warm weather, economist says

March 16, 2012
Associated Press
Corn production in the United States, the world’s biggest shipper of the grain, will be “huge” as warm weather encourages farmers to plant early to avoid the risk of late-season frost damage, economist Dennis Gartman said.
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Indiana panel passes new water quality rules

March 14, 2012
Associated Press
An Indiana regulatory panel passed new rules Wednesday aimed at protecting the quality of the state's waterways. The new rules are aimed at lowering the levels of pollutants released into waterways by companies.
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Purdue gets grant to develop cheaper solar cell

March 11, 2012
Associated Press
Purdue University researchers are working to increase the efficiency of a new solar cell that they say could become a significant player in energy production.
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Foundations try to tap grain farmers' wealthRestricted Content

March 10, 2012
Kathleen McLaughlin
The average price Indiana farmers received for a bushel of corn reached a high last August of $7.18, nearly twice as much as the prior year. That kind of windfall tends to benefit farm-equipment sales, but it could also lead to more charitable giving.
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Bloomington officials narrowly OK I-69 extension

March 9, 2012
Associated Press
A Bloomington planning panel voted narrowly Friday to back off its opposition to a section of the Interstate 69 extension from Indianapolis to Evansville that would pass through Monroe County.
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  4. Elected officials, like Mourdock, get vested in 8 years. It takes 10 years for all other public employees, most of whom make a lot less money. So much for the promise to finish out his term.

  5. Great state treasurer and a good man!! Just curious if the folks who didn't quite understand his quote would like to tell my daughter-in-law that God didn't intend her! Mourdock's comment was correct but twisted and the article didn't mention that his opponent and the press let the impression stand that Mourdock meant that the rape was intended. Stupid people!!

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