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Southeast Side Residents Urge Governor Quinn To Sign Chicago Clean Energy Bill

Stocks in this article: LUK

"On behalf of hundreds of my constituents, we urge Governor Quinn to sign SB 3766 advancing the Chicago Clean Energy project," said Representative Marcus C. Evans, Jr. (D -33). "This project has broad-based, statewide, bi-partisan support because it's a solid and innovative project that brings a proven technology to our state while protecting consumers and creating needed jobs."   

"This project is a win-win-win for our city, our state and consumers," said Ald. John Pope (10th Ward). "Projects and investments like these don't come along every day. We urge Governor Quinn to not let this opportunity pass us by."

The project is slated to generate more than $10 billion in economic output for Illinois, including an estimated $1.25 billion in added state and local tax revenue. It will create more than 2,000 jobs and clean up a currently contaminated area – while ushering in a new chapter in clean energy technology for Illinois.

"No one can say what natural gas prices will be in 5-and-a-half years when the project is operational - without this project our state is wholly unprepared for the next gas price spike," said Ted Stalnos, president of the Calumet Area Industrial Commission. "But we do know the Chicago Clean Energy project will provide a stable price, and more importantly will open new doors for workers and businesses across our state. We urge Governor Quinn to make that happen."

"We know what's good for our community and it's the Chicago Clean Energy project," said Reverend Walter P. Turner, Pastor of New Spiritual Light Church. "We need this project to help revitalize our community and we ask that Governor Quinn move this project forward immediately."

About Chicago Clean EnergyChicago Clean Energy is an initiative of Leucadia National Corporation (NYSE: LUK) that supports the $3 billion investment in green technology on the Southeast side of Chicago. The gasification facility to be located at 115th Street and Burley Avenue will produce substitute natural gas through the cleanest method of utilizing Illinois coal anywhere in the world. For more information, please visit

SOURCE Chicago Clean Energy

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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