Energy & Environment

Cost of Thanksgiving meal jumps 13 percent on food inflation

November 10, 2011
Bloomberg News
The cost of a Thanksgiving dinner in the U.S. will jump 13 percent this year, the biggest gain in two decades, as prices rose for everything from turkey to green peas to milk, the American Farm Bureau Federation said.
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Farm-profit volatility boosting risk for lenders, economist says

November 9, 2011
Bloomberg News
U.S. farmers face increased financial risk because of higher operating costs and volatile commodity prices, even as income this year reaches a record, said Michael Boehlje, an economist at Purdue University.
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Indiana littered with 2,100 leaking underground tanks

November 7, 2011
Associated Press
The Indiana Department of Environmental Management is tracking about 2,100 sites with leaking tanks, many of which contain gasoline and diesel fuel that can damage soil and contaminate groundwater.
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Congress moves to create new farm subsidy

November 7, 2011
Associated Press
Farm-state lawmakers are moving to create a whole new subsidy that would protect farmers when their revenue drops — an unprecedented program that critics say could pay billions of dollars to farmers now enjoying record-high crop prices.
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Indiana plant a drag on Duke Energy earnings

November 3, 2011
Associated Press
Duke Energy Corp.'s third-quarter earnings tumbled 30 percent, the company said Thursday, with energy consumption falling at the same time that costs rose unexpectedly for a new plant in Indiana.
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Ener1 becomes latest energy aid recipient in trouble

October 31, 2011
Bloomberg News
Electric-car battery maker Ener1 Inc., whose shares were delisted from the NASDAQ stock market Oct. 28, is the latest recipient of U.S. Energy Department aid to run into financial trouble and draw congressional scrutiny.
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Speedway hosts meetings about potential for electric car racing seriesRestricted Content

October 29, 2011
 IBJ Staff
The three-day conference looked at such things as design plans and technical infrastructure for electric racing vehicles, and preliminary business plans for such a series.
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Indiana environmentalists wary of oil pipeline plan

October 25, 2011
Associated Press
The oil industry says a new oil pipeline from Canada to the Gulf Coast might create jobs for Indiana residents if the Obama administration approves its construction.
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Zeroing in on net-zero energy in IndianapolisRestricted Content

October 22, 2011
Marc D. Allan
The Holy Grail of energy efficiency has yet to arrive, but pieces are falling into place.
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Indianapolis neighborhood striving for LEED statusRestricted Content

October 22, 2011
Scott Olson
Designation to east-side project would go beyond building certification.
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Ethics scandal costs Duke Energy in two rulings

October 19, 2011
Chris O'Malley
A 2010 ethics scandal involving the former chief legal counsel for the Indiana Utility Regulatory Commission has come back to bite the state's biggest electric utility.
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EnerDel parent facing shareholder legal battle

October 18, 2011
 IBJ Staff
At least three lawsuits accuse Ener1, the parent of Indianapolis-based advanced-battery maker EnerDel, of misleading investors about its financial condition.
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Solar flop puts energy funding in limboRestricted Content

October 15, 2011
Chris O'Malley
Companies promising thousands of green jobs in Indiana are playing a high-stakes waiting game as federal officials consider the fate of at least $600 million in loan guarantees.
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Green roofs slow to take root in IndianapolisRestricted Content

October 15, 2011
Sam Stall
Indianapolis' movement toward installing green roofs on commercial buildings has advanced slowly but steadily, in spite of a poor economy and the availability of cheaper (at least in the short run) alternatives.
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Lilly slashes water use, reduces waste outputRestricted Content

October 8, 2011
 IBJ Staff
By 2013, Lilly hopes to reduce water intake another 5 percent, while reducing the amount of waste sent to landfills an additional 20 percent.
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City seeks new operator for recycling program

October 4, 2011
Francesca Jarosz
Indianapolis is soliciting proposals for its drop-off recycling program with the aim of boosting participation in the initiative.
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Farm subsidies may face cuts amid record profits

October 4, 2011
Bloomberg News
U.S. farmers earning record profits are fighting to maintain agricultural subsidies, a likely target of the congressional supercommittee working to reduce federal spending.
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EnerDel parent shakes up management ranks

September 29, 2011
 IBJ Staff and Bloomberg News
Battery maker Ener1 Inc., which has almost 400 employees in the Indianapolis area, has replaced its chief executive and appointed Ivy Tech President Thomas J. Snyder as non-executive chairman of the board.
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Taiwanese reps sign deals to buy corn, soybeans

September 26, 2011
Associated Press
Two Taiwanese trade groups have agreed to buy as much as $5 billion worth of corn and soybeans from Indiana and other states in 2012 and 2013.
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Duke to begin razing state's oldest coal plant

September 26, 2011
Associated Press
Duke Energy Corp. is preparing to demolish a coal-fired power plant that's Indiana's oldest electricity-generating plant of its kind.
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Fish farming could become $1B industry in IndianaRestricted Content

September 24, 2011
Sam Stall
Current estimates place annual revenue for Indiana fish farming at just a few million dollars. But some believe the state’s central location, abundant land and water supplies, and relatively benign regulatory environment could foster a $1 billion industry in the next 10 years.
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Airport Authority picks local firms to develop 60-acre solar farm

September 20, 2011
 IBJ Staff
The Indianapolis Airport Authority announced Tuesday that it has selected a joint venture of three locally based firms to develop a 60-acre solar farm on airport property.
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Critics seek conditions on Progress-Duke Energy merger

September 20, 2011
Associated Press
Charlotte-based Duke Energy and Raleigh-based Progress Energy want to combine into one company with more than 7 million customers in the Carolinas, Florida, Kentucky, Indiana and Ohio.
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Indiana bans DuPont’s Imprelis herbicide

September 20, 2011
Officials took the action after finding that the herbicide damaged scores of trees and ornamental plants throughout the state.
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Super Bowl organizers promoting conservation

September 17, 2011
 IBJ Staff
The 2012 host committee wants rival groups of up to 30 people to see who can make the biggest dent in water and carbon dioxide use.
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  1. I am not by any means judging whether this is a good or bad project. It's pretty simple, the developers are not showing a hardship or need for this economic incentive. It is a vacant field, the easiest for development, and the developer already has the money to invest $26 million for construction. If they can afford that, they can afford to pay property taxes just like the rest of the residents do. As well, an average of $15/hour is an absolute joke in terms of economic development. Get in high paying jobs and maybe there's a different story. But that's the problem with this ask, it is speculative and users are just not known.

  2. Shouldn't this be a museum

  3. I don't have a problem with higher taxes, since it is obvious that our city is not adequately funded. And Ballard doesn't want to admit it, but he has increased taxes indirectly by 1) selling assets and spending the money, 2) letting now private entities increase user fees which were previously capped, 3) by spending reserves, and 4) by heavy dependence on TIFs. At the end, these are all indirect tax increases since someone will eventually have to pay for them. It's mathematics. You put property tax caps ("tax cut"), but you don't cut expenditures (justifiably so), so you increase taxes indirectly.

  4. Marijuana is the safest natural drug grown. Addiction is never physical. Marijuana health benefits are far more reaching then synthesized drugs. Abbott, Lilly, and the thousands of others create poisons and label them as medication. There is no current manufactured drug on the market that does not pose immediate and long term threat to the human anatomy. Certainly the potency of marijuana has increased by hybrids and growing techniques. However, Alcohol has been proven to destroy more families, relationships, cause more deaths and injuries in addition to the damage done to the body. Many confrontations such as domestic violence and other crimes can be attributed to alcohol. The criminal activities and injustices that surround marijuana exists because it is illegal in much of the world. If legalized throughout the world you would see a dramatic decrease in such activities and a savings to many countries for legal prosecutions, incarceration etc in regards to marijuana. It indeed can create wealth for the government by collecting taxes, creating jobs, etc.... I personally do not partake. I do hope it is legalized throughout the world.

  5. Build the resevoir. If built this will provide jobs and a reason to visit Anderson. The city needs to do something to differentiate itself from other cities in the area. Kudos to people with vision that are backing this project.

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