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Over 60 organizations representing a broad coalition of business, labor, conservation and civic organizations from across Illinois and around the country signed an open letter to voice their support for the Illinois Low Carbon Portfolio Standard (LCPS) (HB 3293/SB 1585), currently being considered by the Illinois General Assembly.
Signatories include the Chicago Urban League, Exelon, GE Hitachi, IBEW Local 15, Illinois AFL-CIO, Illinois Clean Energy Coalition, Illinois Hispanic Chamber of Commerce, Illinois Pipe Trades Association, Sargent & Lundy and United Scrap. Their support comes on the heels of a rally in the state capitol last week that drew nearly 600 Illinoisans who delivered a petition with over 10,000 signatures urging state lawmakers to enact the legislation.
“Illinois’ nuclear facilities provide tremendous economic, reliability and environmental benefits to the state and the region,” said John Grimes, vice president of GE Hitachi Nuclear Energy. “The Low Carbon Portfolio Standard is the only legislation that properly values these plants. We urge the General Assembly to vote yes on this important bill.”
Illinois’ six nuclear energy facilities generate nearly half of the state’s electricity and 90 percent of Illinois’ low-carbon electricity. However, three of these plants have been losing significant amounts of money each year and may soon close without legislative action. If these plants close early, it will cost the state an estimated $1.8 billion per year in economic activity, 8,000 jobs and up to $500 million per year in higher electric costs statewide, according to a State of Illinois report.
Click here for the list of organizations that signed the letter.
posted by Advertising Department
Thursday, May 14, 15 @ 12:59 pm
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Previous Post: Rauner talks to the media about pensions, unions, “Turnaround” and secrecy
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