61 resultados para Incentives in industry
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Resumo:
Summary: On June 22, 2001, the groundwork was laid for the construction of new electric generation in the state of Illinois when the Illinois Resource Development and Energy Act was signed. Overwhelmingly approved by the Illinois General Assembly, this broad-based $3.5 billion package is designed to reinvigorate the Illinois coal industry and to strengthen the state's ability to provide electricity to its citizens. The legislation (Public Act 92-0012) provides tax incentives and financial assistance to builders of new electric plants generating in excess of 400 megawatts that create Illinois coal-mining jobs, new and expanding coal mines, and natural gas-fired baseload electric plants with a capacity of 1,000 megawatts. The legislation also directs the the Illinois Environmental Protection Agency to explore the need for a state-level, multi-pollutant strategy to reduce emissions from coal-fired electric generating plants.