by Frank Conklin, The Chicago Times
September 13, 2021
SPRINGFILED, IL — A 1,000-page clean energy proposal is now on the desk of Illinois Governor JB Pritzker. The new law will raise residents’ utility bills by up to $180 per year, in part to fund new nuclear power plant subsidies and begin the transition to carbon-free energy BY 2050.
The proposal includes a new multimillion-dollar subsidy for Exelon’s nuclear power plants in the name of preserving energy generation that does not rely on fossil fuels, which emit climate-changing carbon into the atmosphere.
The bill also calls for the eventual phase-out of coal and gas-fired energy production, as well as job training for workers interested in setting up solar and wind power facilities.
The bill also establishes an ethics standard for utilities to meet given the criticism of a $700 million bailout for Exelon, whose subsidiary, utility giant ComEd, has admitted to federal prosecutors that it engaged in a decade-long bribery scheme in Springfield and is cooperating in an ongoing investigation that has implicated former House Speaker Michael Madigan and led to indictments.
Gov. Pritzker stated that he would sign it into law as soon as possible.