Don't Drink the Tea. Think With the WE.
Jul
2011
18

Illinois Governor Signs Legislation to Create 1,300 Jobs at Coal-to-Natural Gas Plant

Illinois Gov. Pat Quinn signed into law legislation that will bring a new clean energy coal-to-natural gas conversion plant and 1,300 jobs to the state by 2015. Of those jobs, 200 will be permanent positions at the plant, 165 will be in the mining sector, and close to 1,000 jobs will be created in the construction sector, according to the Chicago Tribune. The bill is believed to save consumers $100 million over the next 30 years.

The Leucadia plant would be built on a 140-acre industrial site at 115th Street and Burley Avenue. The state’s four major gas utilities would buy its synthetic natural gas for 30 years at a price set by formula. Consumers would pay for the gas through their utility bills.

The news comes at a good time for Illinois workers, several hundred of whom were laid off late last week. More good news may be coming as Governor Quinn will soon decide on the fate of a similar plant to be built in Southern Illinois that will produce a similar economic impact.

In his press release, Quinn said:

“Projects that create jobs and protect consumers strengthen our continued economic recovery. This project protects Illinois consumers, while continuing our position as a leader in clean energy technology by utilizing home grown resources to create the jobs of today and tomorrow.”

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