No cash? No business from me.
I will continue to use cash until bank fraud and ID theft are taken seriously. If a company the size of Target can get hacked, I don’t think it is too much of a stretch to think a smaller business can be. While chains such as Epic Burger might be saving by going cashless, the consumer victimized by ID theft and bank fraud often continues paying for years. If a business won’t take cash as payment, I won’t patronize it.
Embrace change. The mayor did.
It was a long time coming, but worth the wait, for City Hall to recognize that cities continuously evolve and policies need to evolve accordingly. Nowhere is this more visible than in the planned redevelopment of the North Branch Industrial Corridor.
The removal of the manufacturing designation from these North Side properties and the creation of new growth zones makes it more economically viable for companies to locate operations in underutilized neighborhoods like Pullman, Englewood and East Garfield Park where there are available swaths of land along with critical infrastructure assets such as rail lines and roads.
There will always be skeptics and those who resist change, but we agree with Mayor Rahm Emanuel and Commissioner David Reifman that this is a win for all.
DAVID DOIGPresident, Chicago Neighborhood Initiatives
Consider this, Crain’s
Having been involved with Exelon in analyses associated with the 2016 Future Energy Jobs Act, I feel compelled to point out a serious omission in Crain’s recent story about the zero emissions credit mechanism.
The story quotes a critic of the ZEC mechanism as contending that it “practically guarantees” that each of the next 10 years Exelon will collect the maximum amount allowed under the 1.65 percent rate impact cap. Presented as a near-certainty is a wholesale market price scenario that seems to confirm the critic. However, no reference is made to numerous scenarios that result in Exelon collecting well less than the maximum allowed under the law.
Equally selective is the use of the term “bailout.” The ZEC program is no more a bailout than the long-standing financial incentives for wind and solar resources in the law. A more discerning approach would consider that studies by state agencies and neutral power grid operators indicated substantial net benefits from the ZEC program and the continued operation of the full state nuclear fleet. Nuclear has been a key to Illinois’ having the best record in the nation for holding down electric rates the past 20 years.
After two years of negotiation, a wide range of participants would not have all supported a measure with the sort of adverse results portrayed as probable by the story.
PHILIP R. O’CONNORPresident, ProActive Strategies