The coal gasification plant being discussed for Taylorville is a bad bet in a number of ways, according to a report commissioned by the Sierra Club and the Natural Resources Defense Council. “On the Hook: Potential Costs to Illinois Consumers of New Coal Power Mandates” is written by Martin Cohen, the former executive director of the Citizens Utility Board.
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He says the subsidies which would make Tenaska’s Taylorville Energy Center go, along with two other coal projects, would cost consumers an average of $1,413 a year for the first decade. The Leucadia and Power Holdings projects, like Tenaska’s, are synthetic natural gas projects. Cohen warns against calling this “clean coal:” “It becomes cleaner if you sequester the carbon dioxide,” as the FutureGen project aims to do.