Myths vs. Facts about the Tenaska/Taylorville (TEC)
Tuesday, Nov 23, 2010 - Posted by Capitol Fax Blog Advertising Department Myths vs. Facts about the Tenaska/Taylorville Energy Center (TEC) Myth: The TEC will result in a small rate hike. Fact: The TEC will cost Illinois ratepayers nearly $300 million every year. More than $142 million will be paid by residential customers. The rest will be foisted on to Illinois employers. For example, the Chicago Public Schools will pay at least $1 million more per year and have absolutely nothing to show for it. Myth: The TEC will create jobs for Illinois. Fact: The Tenaska plant is a jobs killer. Economic models show that forcing Illinois employers to pay hundreds of millions in higher rates will cost a minimum of 15,000 jobs statewide. Compare that to the 2,500 temporary jobs and “hundreds” of permanent jobs Tenaska claims its plant will create. Fact: At best, the plant would have the same emissions profile as a natural gas-fired power plant. Also, underground sequestration of the CO2 is untested and unproven. Myth: The General Assembly has all the information it needs to decide. Fact: The ICC has said that a number of important questions need to be answered before any 30-year commitment is made. Tenaska has not provided those answers! Go to www.stopcoalition.com
|