Energy & Environment

FEIGENBAUM: 'There is no money' takes on new meaning

December 18, 2010
Ed Feigenbaum
Tight tax revenue will force hard choices on the General Assembly.
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State reaches deal on coal-gasification plant

December 16, 2010
Associated Press
The state's finance authority said Thursday that it reached a 30-year deal to buy synthetic natural gas from a coal-gasification plant planned for southern Indiana, marking the first time the state has entered into such a venture.
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Toxic chemical releases decrease 18 percent in Indiana

December 16, 2010
Associated Press
The 2009 Toxics Release Inventory released Thursday shows releases of toxic chemicals to the environment by companies in Indiana decreased by 20.6 million pounds, or 18 percent.
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Abound Solar completes financing for Tipton plant

December 15, 2010
 IBJ Staff and Bloomberg News
Company closes on a $400 million federal loan to help it take over the empty Getrag plant on U.S. 31 near Kokomo, where it wants to hire as many as 1,000 workers. The plant was acquired for $25 million.
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Solar panel maker plans up to 240 jobs in Columbus

December 8, 2010
Associated Press
A Muncie-based startup company to spend nearly $9 million to start production at a Columbus industrial park. The plant will make high-efficiency solar panels that are in growing demand around the world.
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IURC clears ex-judge in Duke Energy ethics scandal

December 7, 2010
The Indiana Utility Regulatory Commission's internal probe found no irregularities regarding former administrative law judge Scott Storms' handling of Duke Energy cases, but it did reopen a case Storms handled in July involving storm damages.
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Touted Build America Bonds may not be available for utility dealRestricted Content

December 4, 2010
Chris O'Malley
Citizens Energy previously said not using the bonds would add about $100 million to the cost of the deal over 30 years.
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City looking for consultants to ramp up green programs

November 27, 2010
 IBJ Staff
The Office of Sustainability in November put out two requests for consultants or teams to implement environmentally friendly initiatives.
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Electric car maker starts production at Elkhart plant

November 24, 2010
Associated Press
Think North America has started work on two-seat electric cars at its northern Indiana facility and expects the first ones to be finished in the coming days.
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Ethanol's future clouded by potential loss of tax breaks

November 20, 2010
Chris O'Malley
The fortunes of Indiana’s 12 ethanol plants, and the farmers and truckers who supply the corn to make the motor fuel additive, hinge on two decisions facing Congress and federal regulators in the weeks ahead.
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PRINCE: Why iPad could save investment firms money

November 20, 2010
Douglas Prince
The device is projected to save Prince Group office at Stifel Nicolaus & Co. more than $3,000 in paper alone.
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Spurned bidder: IURC program may cost consumers $65MRestricted Content

November 13, 2010
Chris O'Malley
An Indiana Utility Regulatory Commission-mandated initiative to help electric customers cut consumption and save money may wind up costing them $65 million more than necessary. At least that’s the claim of a consulting firm that lost its bid to administer the program.
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PCBs a concern at bankrupt ESI Environmental plant

November 12, 2010
Chris O'Malley
The EPA says 300,000 gallons of sludge at the firm's northwest-side site are suspected of containing carcinogenic PCBs. A recent court ruling could expedite clean-up efforts.
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Indiana farmers expected to enjoy near-record income

November 11, 2010
Associated Press
Many Indiana farmers who had been worrying about a late summer drought are now looking forward to some extra spending money thanks to high grain prices.
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No 'inappropriate communications,' Duke Energy CEO says

November 3, 2010
Scott Olson
Duke Energy Corp.'s top exec told the Indiana Utility Regulatory Commission that he's confident the IURC's former top attorney had no influence on decisions regarding the utility's Edwardsport plant, even though he sought a job with Duke while working for the regulatory body.
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Hancock County utilities set to proceed with merger

November 3, 2010
Scott Olson
Consolidation of Central Indiana Power and Hancock Telecom will become official on Jan. 1. It took a change in state law to allow the merger to proceed.
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Scandal fallout plagues Duke Energy's Edwardsport project

October 30, 2010
 IBJ Staff
Regulatory proceedings involving the coal gasification plant are being delayed while investigations continue over conflicts of interest at the IURC.
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Veolia losing water contract, will get $29M termination fee

October 28, 2010
Chris O'Malley
Playing a limited role under Indianapolis Water's new owner, Citizens Energy, wouldn't be profitable, Veolia says. Citizens plans to make job offers to "substantially all" Veolia employees.
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U.S. attorney to ask for review of IURC ethics dispute

October 26, 2010
Associated Press
U.S. Attorney Joe Hogsett says he'll ask "the appropriate federal agency" to review an ethics dispute that has embroiled the Indiana Utility Regulatory Commission and Duke Energy Corp.
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State getting $25M to clean up old GM sites

October 20, 2010
 IBJ Staff and Associated Press
Indiana will benefit from a $25.2 million environmental trust established to clean up and redevelop eight former General Motors plants throughout the state, officials said Wednesday.
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Court revisits IURC ruling after agency lawyer jumps to utilityRestricted Content

October 16, 2010
Chris O'Malley
A Duke Energy case handled by an Indiana Utility Regulatory Commission lawyer—while he jockeyed for a job with the utility—is headed to the Indiana Court of Appeals.
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Indianapolis wins state "Green Community of the Year" award

October 16, 2010
 IBJ Staff
Mayor Greg Ballard has unveiled a number of green initiatives, ranging from widespread use of hybrid vehicles to making the City-County Building more energy-efficient.
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IURC to re-examine Duke project amid ethics flap

October 15, 2010
J.K. Wall
The commission is summoning the CEO of North Carolina-based Duke Energy to justify the $2.9 billion Edwardsport plant on the same day the state ethics board filed formal charges against a former IURC attorney hired by Duke.
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Heating bills should be cheaper this winter, utility says

October 13, 2010
Citizens Energy Group projects that the gas bill of its average residential customer will decline about 7 percent over the winter heating season. The utility said a customer who uses the typical amount of natural gas will spend $580, down from $620 last season.
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Duke Energy names interim president amid probe

October 12, 2010
Scott Olson
Decision to replace Indiana CEO Mike Reed, who has been placed on administrative leave, follows a state investigation into an ethics controversy involving Duke that resulted in the dismissal of the chairman of the Indiana Utility Regulatory Commission.
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  1. The east side does have potential...and I have always thought Washington Scare should become an outlet mall. Anyone remember how popular Eastgate was? Well, Indy has no outlet malls, we have to go to Edinburgh for the deep discounts and I don't understand why. Jim is right. We need a few good eastsiders interested in actually making some noise and trying to change the commerce, culture and stereotypes of the East side. Irvington is very progressive and making great strides, why can't the far east side ride on their coat tails to make some changes?

  2. Boston.com has an article from 2010 where they talk about how Interactions moved to Massachusetts in the year prior. http://www.boston.com/business/technology/innoeco/2010/07/interactions_banks_63_million.html The article includes a link back to that Inside Indiana Business press release I linked to earlier, snarkily noting, "Guess this 2006 plan to create 200-plus new jobs in Indiana didn't exactly work out."

  3. I live on the east side and I have read all your comments. a local paper just did an article on Washington square mall with just as many comments and concerns. I am not sure if they are still around, but there was an east side coalition with good intentions to do good things on the east side. And there is a facebook post that called my eastside indy with many old members of the eastside who voice concerns about the east side of the city. We need to come together and not just complain and moan, but come up with actual concrete solutions, because what Dal said is very very true- the eastside could be a goldmine in the right hands. But if anyone is going damn, and change things, it is us eastside residents

  4. Please go back re-read your economics text book and the fine print on the February 2014 CBO report. A minimum wage increase has never resulted in a net job loss...

  5. The GOP at the Statehouse is more interested in PR to keep their majority, than using it to get anything good actually done. The State continues its downward spiral.

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