Energy & Environment

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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Indianapolis building owners, managers pressed to protect birdsRestricted Content

September 10, 2011
Chris O'Malley
The Audubon Society has documented hundreds of birds killed downtown in the past two years as birds are attracted to the city lights and then fly into windows.
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Abound Solar undeterred by rivals' bankruptcies

September 10, 2011
Kathleen McLaughlin
Abound officials are quick to reassure that the company is on track with its original business plan, which calls for adding a huge amount of manufacturing capacity in Tipton in 2012 or 2013 and hiring 900 to 1,200 people.
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Indiana gives grants to convert fleets to alternative fuelsRestricted Content

September 10, 2011
 IBJ Staff
The Office of Energy Development is dispensing grants of up to $500,000 to help private- and public-sector organizations convert their vehicles.
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Mourdock could benefit from climate regulations

September 9, 2011
Associated Press
Indiana Treasurer Richard Mourdock has campaigned heavily against measures to combat climate change even as he holds stock in an energy company that's banking on those regulations to help build a market for its product.
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Charging stations to pave way for plug-in carsRestricted Content

September 3, 2011
Chris O'Malley
By the end of this year, drivers of plug-in electric cars should be able to "gas up" using 76 charging stations at 38 locations statewide.
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Butler center aims to make urban farming viableRestricted Content

September 3, 2011
Chris O'Malley
Tim Carter, director of Butler University’s Center for Urban Ecology, is intent on making CUE a national leader in urban ecology by making the center's research valuable on a broad scale.
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Refrigerant company fights EPA over rulesRestricted Content

September 3, 2011
Kathleen McLaughlin
Jim Tieken, a former refrigeration repairman, invented an alternative to the coolant Freon when the U.S. Environmental Protection Agency banned it in the mid-1990s. But his company might be unable to continue making that alternative, Hot Shot, because of cap-and-trade burdens, according to a letter Tieken sent the EPA in May.
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Dig-IN tasting festival looks to create independent foundationRestricted Content

August 27, 2011
 IBJ Staff
Event at White River State Park wants to create ongoing source of support to connect Indiana farmers with grocery stores, restaurants and consumers.
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Citizens Energy gets interest-rate bargain on bonds sold for utility purchaseRestricted Content

August 27, 2011
 IBJ Staff
Stock-market swoon contributes to favorable terms on purchase of city's water, sewer systems.
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Ball State geothermal plant powers economic engineRestricted Content

August 27, 2011
Andrew Smith
Ball State University leaders hope the school's $87 million geothermal plant paves the way for others like it—as an economic-development opportunity as much as an environmental effort.
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  1. Aaron is my fav!

  2. Let's see... $25M construction cost, they get $7.5M back from federal taxpayers, they're exempt from business property tax and use tax so that's about $2.5M PER YEAR they don't have to pay, permitting fees are cut in half for such projects, IPL will give them $4K under an incentive program, and under IPL's VFIT they'll be selling the power to IPL at 20 cents / kwh, nearly triple what a gas plant gets, about $6M / year for the 150-acre combined farms, and all of which is passed on to IPL customers. No jobs will be created either other than an handful of installers for a few weeks. Now here's the fun part...the panels (from CHINA) only cost about $5M on Alibaba, so where's the rest of the $25M going? Are they marking up the price to drive up the federal rebate? Indy Airport Solar Partners II LLC is owned by local firms Johnson-Melloh Solutions and Telemon Corp. They'll gross $6M / year in triple-rate power revenue, get another $12M next year from taxpayers for this new farm, on top of the $12M they got from taxpayers this year for the first farm, and have only laid out about $10-12M in materials plus installation labor for both farms combined, and $500K / year in annual land lease for both farms (est.). Over 15 years, that's over $70M net profit on a $12M investment, all from our wallets. What a boondoggle. It's time to wise up and give Thorium Energy your serious consideration. See http://energyfromthorium.com to learn more.

  3. Markus, I don't think a $2 Billion dollar surplus qualifies as saying we are out of money. Privatization does work. The government should only do what private industry can't or won't. What is proven is that any time the government tries to do something it costs more, comes in late and usually is lower quality.

  4. Some of the licenses that were added during Daniels' administration, such as requiring waiter/waitresses to be licensed to serve alcohol, are simply a way to generate revenue. At $35/server every 3 years, the state is generating millions of dollars on the backs of people who really need/want to work.

  5. I always giggle when I read comments from people complaining that a market is "too saturated" with one thing or another. What does that even mean? If someone is able to open and sustain a new business, whether you think there is room enough for them or not, more power to them. Personally, I love visiting as many of the new local breweries as possible. You do realize that most of these establishments include a dining component and therefore are pretty similar to restaurants, right? When was the last time I heard someone say "You know, I think we have too many locally owned restaurants"? Um, never...

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