Illinois proposes fracking tax that is lower than in other states
In Illinois, oil producers will enjoy their lowest tax rates when oil is flowing at its peak and tax rates would be about half that of some states with fracking...
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For Illinois counties, fracking taxes could be too little, too late
In Illinois counties with large Amish communities, a $50-a-year buggy license plate tax pays for repairs caused by horse hooves and buggy wheels cutting into roads' soft tar surfaces. Kelly...
Energy fund to help Root3 stay put
Finally, news about a promising startup that's not leaving for Silicon Valley. Energy Foundry, a Chicago-based venture fund paid into by Commonwealth Edison and Ameren shareholders, is infusing Root3 Technologies...
Electric car charging station project in limbo
Three years ago, a Los Angeles firm named 350Green was picked to build a large network of charging stations for electric vehicles in the Chicago area. Other contracts soon followed...
Chicago-based LuminAID wins Clean Energy Challenge
Andrea Sreshta and her business partner were in Japan in2011 when an earthquake left millions of people without power. They realized that lightweight, inflatable, solar-powered LED lights could fill the...
Push for fracking bill delayed by surprise amendment
— A coalition of business, labor, construction, transportation and agricultural organizations Thursday pulled support for a bill that would open the state to horizontal hydraulic fracturing, after a last-minute amendment...
Lawmaker, AARP tangle over email barrage
— Rep. Lou Lang, D-Skokie, said he has gotten so many "canned" emails from AARP members opposed to ComEd-backed legislation he is sponsoring that he is demanding that the senior...
Illinois counties can do little but brace for fracking’s impact
CREAL SPRINGS, Ill.-- Oil and gas companies and environmental groups have hashed out legislation they say would make Illinois a national leader in protecting public health and the environment from...
Local tech leaders expect Mason to return with new ventures
Leaders in Chicago's tech community expressed sadness over Andrew Mason's ouster at Groupon, but at the same time predicted he would re-emerge either as an entrepreneur, a financial backer of...
ComEd CEO hopes to build utility customers actually like
Every organization has its low point. For Commonwealth Edison, it was in summer 2011 when a storm left more than 850,000 people without power, some for days. Customers flocked to...