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PI Original
by Ellyn Fortino
3:25pm
Mon Oct 31, 2016

Benefits Of Rooftop Solar Power Largely Exceed Net Metering Costs, Analysis Finds

A recent report from the Environment America Research & Policy Center finds that "solar power’s rewards are far greater than its costs."

Quick Hit
by Ellyn Fortino
12:11pm
Mon Oct 24, 2016

Government Report Sparks Debate Over U.S. Fuel Economy Standards

Automakers have a "wide range of cost-effective technologies" at their disposal to meet 2025 fuel economy and greenhouse gas standards for cars and light trucks.

But they may fall short of achieving the proposed fleet-wide fuel economy average of 54.5 miles per gallon (mpg) by 2025 because of increased demand for SUVs and pickups.

That assessment came from the U.S. Environmental Protection Agency, the National Highway Transportation Safety Administration and the California Air Resources Board in a recent report.

PI Original
by Ellyn Fortino
1:33pm
Thu Jul 28, 2016

Report: U.S. Utility Companies 'Have Become Expert Tax Dodgers'

Profitable U.S. utility companies are not paying their "fair share" in taxes, according to a new report from the Institute for Policy Studies. 

Quick Hit
by Ellyn Fortino
4:19pm
Thu Jun 2, 2016

Federal Consumer Watchdog Proposes Crackdown On Payday Lending Practices

The Consumer Financial Protection Bureau (CFPB) proposed new regulations Thursday to crack down on the payday lending industry. 

Payday lending provides short-term access to credit, but usually comes with high interest rates, often in the triple digits, and expensive fees.

"The consumer bureau is proposing strong protections aimed at ending payday debt traps," CFPB Director Richard Cordray said in a news release. "Too many borrowers seeking a short-term cash fix are saddled with loans they cannot afford and sink into long-term debt. It's much like getting into a taxi just to ride across town and finding yourself stuck in a ruinously expensive cross-country journey. By putting in place mainstream, common-sense lending standards, our proposal would prevent lenders from succeeding by setting up borrowers to fail."

PI Original
by Ellyn Fortino
5:08pm
Fri May 6, 2016

Illinois Energy Debate Intensifies After ComEd, Exelon Unveil New Proposal

ComEd and Exelon are proposing a major overhaul of Illinois energy policies under a new plan announced Thursday. Progress Illinois recaps the proposal, which is being met with mixed reaction among interested parties. 

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