That company, for instance, plans to finish mothballing plants near Hutsonville in eastern Illinois and Meredosia on the other side of the state by next spring.
Most of the 90 Ameren employees affected have already agreed to relocate, Bretsch said, and many others are retiring.
Roger Eddy, superintendent of the Hutsonville district schools and a Republican legislator, said he expects to recoup at least some lost revenue from the state. Farmland, commercial or residential property owners might face higher taxes, too.
"When this came out, people here were really like, 'This is going to kill the school district.' It won't," Eddy said."I don't see any destitution coming from this," agreed Hutsonville Township supervisor Mike Gray. Ameren still owns the property, and it will continue to generate property tax revenue for the community of 1,800. At least, he said, until someone challenges that. In Hammond, Ind., where the State Line Power Station on Lake Michigan near Chicago is scheduled to close March 31, Mayor Tom McDermott Jr. has mixed feelings. Like other community leaders, he worries about job losses, the effect on vendors and higher electric bills for people who can barely afford to keep their heat and lights on now. But State Line is one of the dirtiest coal plants in the United States, "and it's in our backyard," he said. "I understand we need to move forward and we need to clean up our environment." ___ Online: EPA and coal: http://tinyurl.com/cog6cjf EPA and Clean Air Act: http://www.epa.gov/air/caa/index.html EPA and mercury: http://www.epa.gov/mercury/about.htm ___ O'Dell reported from Richmond, Va., and Smith from Morgantown, W.Va. Also contributing were Tom Coyne in South Bend, Ind., and Jim Suhr in St. Louis, Mo.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV