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Getting It Right For A Change
Wednesday, Oct 23, 2013 - Posted by Advertising Department [The following is a paid advertisement.] We talk a lot about what’s wrong with Illinois, but did you know we’re leading the nation in the transition to clean energy? Since the General Assembly passed our Renewable Portfolio Standard (RPS) with bipartisan majorities in 2007 setting clean energy targets for Illinois, we’ve all been winners. We’re on a path to get 25% of our power from renewable energy by 2025, and already we’re seeing the benefits. Moving to clean energy has already paid off for Illinois. The RPS has already:
• Created 19,047 clean energy jobs • Eliminated 5 million tons of air pollution It’s a great start, but to stay on track we need to update the RPS to suit today’s competitive power market. Our electric markets have changed a lot since 2007, and we need to update the RPS to reflect that, to make sure we’re incentivizing investment in Illinois clean energy projects. We need to stop sweeping the Renewable Energy Resources Fund and let the Illinois Power Agency invest it in our communities. Clean energy companies have more than $4.5 billion in Illinois wind and solar projects ready for development. Let’s keep the benefits coming, and greenlight the next generation of clean energy investments in Illinois. We need the General Assembly to update the RPS this fall, and keep us on track to a better future. To learn more, visit www.ILikeCleanEnergy.org. ![]()
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Credit Union (noun) – an essential financial cooperative
Wednesday, Oct 23, 2013 - Posted by Advertising Department [The following is a paid advertisement.] Cooperatives can be formed to support producers such as farmers, purchasers such as independent business owners, and consumers such as electric coops and credit unions. Their primary purpose is to meet members’ needs through affordable goods and services of high quality. Cooperatives such as credit unions may look like other businesses in their operations and, like other businesses, can range in size. However, the cooperative structure is distinctively different regardless of size. As not-for-profit financial cooperatives, credit unions serve individuals with a common goal or interest. They are owned and democratically controlled by the people who use their services. Their board of directors consists of unpaid volunteers, elected by and from the membership. Members are owners who pool funds to help other members. After expenses and reserve requirements are met, net revenue is returned to members via lower loan and higher savings rates, lower costs and fees for services. It is the structure of credit unions, not their size or range of services that is the reason for their tax exempt status - and the reason why almost three million Illinois residents are among 95 million Americans who count on their local credit union everyday to reach their financial goals.
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