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Study Finds New Natural Gas Development Could Create More Than 45,000 Jobs And $9 Billion In Economic Development In Illinois

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New natural gas production from Southern Illinois shale has the potential to create more than 45,000 jobs in Illinois and $9 billion in economic investment, according to a study released by the Illinois Chamber Foundation. “Illinois is in a great position to participate in this dynamic energy renaissance.”

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LOCATION FOCUS: California Dreamin’ – A Rebound Fueled By New Energy

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The key to that positive change resides in the same place in California it did in North Dakota—buried more than a mile underground in the middle of a huge shale deposit. Currently, SMUD is building the foundation for the “smart grid.” All of that may be about to change, seismically, for the better. Updated May 9, 2001.

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State by State Incentives Guide

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The allocation to each Public University which makes application shall be based on each Public University’s federally financed research and development expenditures as reported by the National Science Foundation. The terms are negotiated specific to each firm’s individual needs and situation with a maximum limit of 3% of Capital Expenditures.

Income 108
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Cover Story: New Energy Powers Growth

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States poised for major growth in wind energy in coming years include Iowa, Kansas, Texas, Nebraska, North Dakota and Michigan. The foundation work for the Highland turbines started last fall and should be done by the end of the year, with the turbines and the more than 650 blades set to go up by the end of 2015.

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STATE INCENTIVES GUIDE

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Lenders negotiate their own fees and the USDA charges 2 percent of the guaranteed amount as a one-time fee. HIGH IMPACT PERFORMANCE INCENTIVE GRANT (HIPI): A negotiated grant provided to pre-approved applicants in certain high-impact sectors designated by the Governor’s Office of Tourism, Trade and Economic Development (OTTED).

Income 75