* The IMA on the Exelon bailout bill…
“Today, Illinois’ ability to compete for middle class manufacturing jobs was weakened by Governor Bruce Rauner’s signature of SB 2814.
“Last week, lawmakers approved a 500-page bill that significantly alters Illinois’ energy policy with very little time for stakeholder review. We hoped that the Administration would take time to review this comprehensive legislation and contemplate the impact that electric rates have on Illinois job creators.
“Illinois manufacturers have lost nearly 10,000 good, high-paying jobs in the past year while our neighboring states are growing. Building a guaranteed electric rate hike into state law and reversing twenty years of deregulation is not the answer to get our economy booming again.”
…Adding… The governor obviously disagrees with the IMA…
- RNUG - Wednesday, Dec 7, 16 @ 10:35 am:
Looks like the job creators aren’t happy. Apparently, they are only your friends until you start to affect their bottom line.
- Juvenal - Wednesday, Dec 7, 16 @ 10:40 am:
There is your opening, BEST Dave.
Time to start effort to repeal the $11 billion bailout for Com-Ed by #BailoutBruce.
- hisgirlfriday - Wednesday, Dec 7, 16 @ 10:40 am:
And IMA will still do everything in its power to see Rauner elected again.
- Oswego Willy - Wednesday, Dec 7, 16 @ 10:41 am:
Oh IMA…
(Snicker-Snicker)… Rauner is your hero.
Right? Exactly right.
@IllinoisMfgAssc - Proud to stand with @GovRauner to celebrate Nat’l Apprenticeship Week and demand reforms to grow the economy & create good jobs. 11/16/16… 2:37pm
Hmm.
- jade me not - Wednesday, Dec 7, 16 @ 10:46 am:
Meh.
Member management.
- Arsenal - Wednesday, Dec 7, 16 @ 10:48 am:
Hard to see IMA doing anything really meaningful about this, but the quotes, lined up with rate increases, will probably find their way into more than a few mailers.
- m - Wednesday, Dec 7, 16 @ 10:48 am:
Gives me the same feeling as when Rauner and Rahm go after each other. Feels like a show for us little people. I’m guessing before each, there’s a call to let them know what’s coming.
- anon - Wednesday, Dec 7, 16 @ 10:49 am:
Rauner got great reception Friday at IMA luncheon.
- Rich Miller - Wednesday, Dec 7, 16 @ 10:49 am:
===there’s a call to let them know what’s coming===
Nothing wrong with that.
- Uncommon Sense - Wednesday, Dec 7, 16 @ 10:52 am:
Anon, you obviously weren’t at the IMA luncheon.
- Anon221 - Wednesday, Dec 7, 16 @ 10:55 am:
“We hoped that the Administration would take time to review this comprehensive legislation and contemplate the impact that electric rates have on Illinois job creators.”
Hope… don’t make Rauner get a fit of the giggles.
This bill is now part of Rauner’s leverage for the budget thingee. He said so and so did Radogno at the Port Byron event. Hey, if we can do something THIS big on a bipartisan basis, surely we can tackle that little ole budget. Rauner is probably expecting nothing to happen on the budget front for the rest of December, but boy can he close out the year of this high (rate hike bailout) bill! Ain’t gonna affect him in the least, but provides years of fodder to use for his campaignin’.
- hisgirlfriday - Wednesday, Dec 7, 16 @ 11:01 am:
If nothing is more important than protecting jobs, why are the EDGE credits frozen? Why is he letting social service orgs and higher ed jobs wither on the vine?
- A Jack - Wednesday, Dec 7, 16 @ 11:03 am:
Dear IMA,
Welcome to our world.
Sincerely,
Labor
- wordslinger - Wednesday, Dec 7, 16 @ 11:04 am:
You’ll get nothing and like it!
Who do you think you are? Exelon?
And then more, blah, blah, blah, about “competing with neighboring states,” like that’s how global manufacturing works.
With Carrier, that shining state on the hill, Indiana, (less than half of Illinois’ GDP) was “competing” with the states of Sonora and Chihuahua until they got their taxpayer-financed corporate welfare.
Is that how “jobs are created?” Bolshevik central command, picking winners and losers?
- Markus - Wednesday, Dec 7, 16 @ 11:06 am:
“Nothing more important than protecting jobs, Gov. Rauner says”
Adding- “Except if those jobs are in the social services.”
fixed it /s
- AlfondoGonz - Wednesday, Dec 7, 16 @ 11:06 am:
What about the jobs at State Universities that are going to close unless Rauner’s tantrum is rewarded?
- Deft Wing - Wednesday, Dec 7, 16 @ 11:07 am:
Doubt IMA’s collective angst is for show. I think several business organizations are unhappy with Rauner. And for good reason.
Found this part of the statement interesting: “We hoped that the Administration would take time to review this comprehensive legislation and contemplate the impact that electric rates have on Illinois job creators.”
IMA has good representation at the Capito, so they know well that Superstar Goldberg was intimately involved with the final amendments to the bill … so Rauner & crew indeed knew well what the bill did FOR Exelon-ComEd and others and TO Illinois businesses, including the fading manufacturing sector in IL.
What if this is the only significant piece of legislation Rauner signs this session? How’s that going to look to … everyone?
- illinois manufacturer - Wednesday, Dec 7, 16 @ 11:16 am:
I would join them if they focused on stuff that affected manufacturing like workmans comp and utilites but they got tied up in stuff like pensions and all the ta nonsense and now we get real harm
- Oswego Willy - Wednesday, Dec 7, 16 @ 11:26 am:
I’m sure the IMA will make sure before the year ends they (snicker-snicker) make peace with the Rauner Administration so they can have tweets that fawn all over Rauner in time for January. I’m excited for them.
But, today… the IMA is so upset, lol.
- DuPage Bard - Wednesday, Dec 7, 16 @ 11:30 am:
Nothing to see here. If you really think IMA is going to go against Bruce for real please let us know. Agreed on the Dog and Pony show. Good red meat for IMA to throw to their members that they were fighting.
This also may have shown IMA and crew that their voice really doesn’t mean anything once the Gov decides he’s in the mix.
Others learned this quicker- social services, Higher Ed etc etc.
- wordslinger - Wednesday, Dec 7, 16 @ 12:16 pm:
Rich, did the independent, non-partisan, free-market warriors at IPI ever get back to you as to their strange silence regarding this massive corporate welfare gouging of the citizenry?
They’re in the tank, alright, but it ain’t no think tank.
- Rich Miller - Wednesday, Dec 7, 16 @ 12:22 pm:
===IPI ever get back to you as to their strange silence===
Yes. I was told they don’t do energy policy. When I followed up and asked “even if that drives up business costs?” I didn’t receive a reply.
- wordslinger - Wednesday, Dec 7, 16 @ 1:15 pm:
===IPI ever get back to you as to their strange silence===
Yes. I was told they don’t do energy policy.–
LMAO, you can’t make this stuff up. Spin doctors, heal thyselves.
–“The market is better able to determine what energy solutions will be economically feasible than the government. Leveling the playing field by removing energy subsidies will allow the true cost of energy to be known, and consumers and investors will be able to more efficiently put their dollars toward the best energy solutions for the future.” –
Chris Andriesen. “SPOTLIGHT ON SPENDING #4: ILLINOIS STATE ENERGY SUBSIDIES,” Illinois Policy Institute. Archived February 26, 2016. Archive.is URL: https://archive.is/ejHRA
- Big Muddy - Wednesday, Dec 7, 16 @ 1:53 pm:
Governor,
You lost two things from me with this bailout. One, any belief that you are in this to help small business and two, my vote.
Big Muddy
- Anon221 - Wednesday, Dec 7, 16 @ 2:18 pm:
Coverage at Clinton has started… band fanfare (Anchors Aweigh) for Rauner…
http://radio.securenetsystems.net/v5/WHOW
- wordslinger - Wednesday, Dec 7, 16 @ 2:20 pm:
===IPI ever get back to you as to their strange silence===
Yes. I was told they don’t do energy policy.–
Strange that.
–“The market is better able to determine what energy solutions will be economically feasible than the government. Leveling the playing field by removing energy subsidies will allow the true cost of energy to be known, and consumers and investors will be able to more efficiently put their dollars toward the best energy solutions for the future.” [4]–
Chris Andriesen. “SPOTLIGHT ON SPENDING #4: ILLINOIS STATE ENERGY SUBSIDIES,” Illinois Policy Institute. Archived February 26, 2016. Archive.is URL: https://archive.is/ejHRA
https://archive.is/ejHRA
https://www.desmogblog.com/illinois-policy-institute
- BEST Dave - Wednesday, Dec 7, 16 @ 2:53 pm:
“- Juvenal - Wednesday, Dec 7, 16 @ 10:40 am:
There is your opening, BEST Dave.”
Thanks Juvenal. I think we, the IMA, the Chamber, the Chemical Industry Council, Petroleum Council and other business groups have been pretty clear about how this is going to kill jobs. Likewise, AARP, AG, PIRG and others have been screaming bloody murder about how folks are going to be screwed.
As the truth comes out about the real effects of this bill - such as the fixed $3.94/month for energy efficiency in Ameren (page 365, line 3) and $2.33/month in ComEd (364, line 23), both escalating by an automatic 4% per year up to $6.56/month and $3.88 respectively - the pain for residential customers will become clear. And when angry seniors and other on fixed income start saying things like, “this rate increase was only supposed to be $0.25/month so why is it 10-20x that”, we and our allies will be sure to remind people who defended their interests and who screwed them.
Likewise, when Illinois loses jobs and investment from energy intensive industries because Exelon needed a bailout and guaranteed profits and the employers made clear what a disaster this was going to be but their pleas fell on deaf ears, you better believe fingers will be pointed.
It should all come to a head just in time for the 2018 elections. But hey, at least we got a budget in veto session, paid down our debts, solved the pension crisis and saved the social services agencies…
- read the bill - Wednesday, Dec 7, 16 @ 7:49 pm:
BEST Dave - once again you are playing loose with the facts. The section you site - with the $2.33 and $3.94 - is from the rate cap section of the bill. They don’t establish new charges at all. They reflect what is currently spent on energy efficiency and are subtracted - like the benefits from voltage optimization - from the costs portion of the bill. Because by law - and by historical fact - every dollar spent on energy efficiency must be cost effective where the benefits exceed the costs, this is an acceptable proxy within the rate cap section. I know you don’t like or believe in energy efficiency, but don’t worry, with scott pruitt at US EPA, your fossil client(s) will be just fine.