As uncertain as the future economy is, it's impressive to see a company like Clean Line Energy moving forward with it's $1.7 billion project that will run through the Quad-Cities.
Clean Line Energy recently announced a new investment partner, National Grid USA and a $40 million infusion of development capital. This is a sure sign that the leader in high voltage direct current system development sees the Rock Island Clean Line project as efficient and innovative.
Once built, this 3,500 MW transmission line will connect the powerful wind resources from western Iowa to the grid in Illinois. It will offer consumer savings, cut CO2 emissions, and provide power to over a million homes. Some would argue we don't need this now, but I say we need to be investing in all energy resources before we reach a crisis situation.
Clean Line energy is working hard for our future energy needs and we should welcome this project and support the investment in the Quad-Cities.
Today is Sunday, Dec. 8, the 342nd day of 2013. There are 23 days left in the year. 1863 -- 150 years ago: For the whole of last week we have been favored with the most delightful Indian summer weather, and mercury ranging from 40 to 65 above zero. The river is entirely clear of ice and looks as mild and soft as summer. 1888 -- 125 years ago: Albert Johnson was appointed a deputy in the circuit clerk's office. 1913 -- 100 years ago: 800 or more tons of earth in six landslides covered 38th Street for a distance of 200 feet near 7th Avenue and destroyed much property. 1938 -- 75 years ago: One of the 350-foot towers, which with a new transmitter will increase the power of WHBF to 1,000 watts day and night, has been completed on a 20-acre tract at 23rd Avenue and 51st Street, Moline. 1963 -- 50 years ago: In cooperation with The Associated Press, The Argus presents to its readers a complete, beginning-to-end account of one of the most tragic and dreadful chapters in American history, the assassination of President Kennedy, available in book form, and now in preparation. The book is entitled "The Torch is Passed." 1988 -- 25 years ago: Deere & Co. stockholders received good news of a boost in their quarterly dividends from 20 to 30 cents per share of common stock. The dividend, made to stockholders of record on Dec. 30, will be payable on Feb. 1, 1989.