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[The following is a paid advertisement.]
On November 28, the State Journal Register editorialized in support of Tenaska’s Taylorville Energy Center, Illinois should take clean-coal lead. Below are key excerpts:
“As the Tenaska foes’ hyperbole has escalated in recent months, however, so has our skepticism of the critics and the STOP Coalition’s underlying purpose. At the heart of the opposition is Exelon Corp., the Chicago-based power-generating and distribution conglomerate. As old coal plants shut down and power gets more scarce, Exelon — operator of nuclear plants — stands to benefit.”
“Passage of the bill by the General Assembly would allow construction on the plant to begin. Its failure, we believe, would strike a fatal blow not just for the Taylorville plant, but for any potential future development of clean-coal technology in this state. If Tenaska’s effort fails, we can’t imagine any clean-coal company attempting to do business in Illinois.”
“As lawmakers debate this bill, we urge them to keep that in mind.”
“They also must remember that every figure quoted by opponents of Tenaska is a worst-of-the-worst-case scenario…It also assumes power won’t get more expensive as new environmental laws force old coal plants to shut down…”
The Taylorville Project last week agreed to absorb two-thirds of the cost of capital cost overruns and two-thirds of the cost of carbon sequestration cost overruns — meaning these costs, if incurred, can’t be passed along to customers.
“We hope lawmakers see through the hyperbolic spin against this project and vote to bring jobs to central Illinois and put Illinois among the leaders in clean-coal technology.”
posted by Capitol Fax Blog Advertising Department
Tuesday, Nov 30, 10 @ 11:19 am
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