Wednesday, July 13, 2011

Ill. gov signs bill increasing coal gas plant

CHICAGO (AP) — wrote the Illinois Gov. Pat Quinn law Wednesday that could lead to the construction of a new facility in Chicago that converts coal to natural gas.

Quinn signed the legislation in a former steel mill site on Chicago's South side where the New York-based Leucadia national Corp. to build 3 billion dollar plant.

"This project protects Illinois consumers, while maintaining our position as a leader in clean energy technology by using home grown resources to create jobs today and tomorrow," Quinn said in a statement.

Quinn blocked earlier versions of the bill to avoid large price increases for consumers. The new legislation restricting natural gas bill is increasing at 2% per year.

Sierra Club were not satisfied with Quinn's decision to sign the law.

"Creating synthetic natural gas is a very dirty way to get our gas," Rebecca Clayborn, a representative of the Sierra Club Midwest clean energy campaign. "It is dirty, it is dangerous and it is not necessary."

Clayborn said the law will be charged to consumers with expensive natural gas for decades to come.

There are other obstacles before the new facility could open. Leucadia has still to be able to add impurities in the overcrowded industrial area in Chicago where we want to build. And the company need a buyer for CO2 emissions.

"We are engaged in close cooperation with local leaders and community members to make this project a tangible benefit to Chicago and the entire state of Illinois," says Tom Mara, vice Chairman of Leucadia in a statement.

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