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Carbon Limits Will Spur Innovation And Investment in Illinois – Again

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Illinois
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[The following is a paid advertisement.]

Thanks to our Renewable Portfolio Standard, Illinois has seen over 20,000 jobs created, wholesale power prices cut by $177 million dollars a year, and 5 million tons less air pollution. So we know first hand that acting on climate change can create jobs, save consumers money, and clean the air.

We have also seen how important regulating carbon emissions can be in creating jobs and retaining our industrial base. Five years ago our auto industry was on the brink of collapse. Then, EPA spurred innovation by limiting carbon emissions from our cars, leading to a turnaround that produced a whole new generation of vehicles that Americans, and people across the globe, want to buy. Jobs were saved, and shifts and product lines were added at plants around our region, including Ford’s Chicago Assembly Plant, where the EcoBoost engine now powers police vehicles sold across the country. Five years after EPA imposed carbon limits on cars, the industry is growing faster than it has in 50 years.

The power sector is ripe for this kind of turnaround approach. Here in Illinois, much of our coal fleet is in bankruptcy, or losing money. Communities are concerned about the demonstrated health impacts they are suffering. The status quo isn’t working for anyone.

By setting carbon limits on power plants, EPA can again spur innovation in cleaner technologies, create jobs, and help position Midwest manufacturers as global leaders in the cleantech supply chain.

Capitol Fax.com - Your Illinois News Radar

Carbon Limits Will Spur Innovation And Investment in Illinois – Again

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