The following was written by Jack Darin of the Sierra Club, Illinois Chapter.
Friday Governor Quinn took bold action to protect Illinois ratepayers from a gas rate hike to subsidize the coal-to-gas plant proposed by New York-based Leucadia National Corporation. The proposal has come under fire from community residents concerned about the millions of pounds of air pollution Leucadia could add to Illinois’ air. Strong opposition has also come from businesses, consumer groups, school advocates, and others who don’t want to be forced to pay, through their gas bills, for Leucadia’s overpriced gas.
Leucadia’s gamble could cost Illinois $8.7 billion over the 30 years that ratepayers would be compelled to underwrite it.
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