Pritzker is emphasizing clean energy in the wake of the ComEd scandal.
After months of declining to endorse any specific plan to both get Illinois on a path to 100% renewable energy and crack down on public utilities’ power in Springfield, Gov. J.B. Pritzker on Wednesday entered the already raucous fight with his own legislation that will compete with at least three other proposals that have already been introduced.
Pritzker’s plan incorporates some elements of the other already-proposed measures, including ending an energy rate formula lawmakers approved in 2011, championed by utility giants Commonwealth Edison and Ameren. The proposal would also phase out coal by 2030, and end natural gas use by 2045 by reducing caps on greenhouse gas emissions year over year, and implementing an $8 per ton carbon price on emissions from fossil fuel-fired electric plants.
Gov. J.B. Pritzker is supporting short-term subsidies for two threatened Illinois nuclear plants as part of a wide-ranging overhaul of energy policy his office says would put the state on a path to 100% clean power by 2050.
The proposal represents a balancing act for Pritzker, who is attempting to preserve high-paying union jobs at Exelon’s Byron and Dresden nuclear plants while also seeking accountability from a company whose subsidiary, Commonwealth Edison, has admitted to engaging in bribery in an effort to win support for legislation that included nuclear subsidies in 2016. […]
The governor’s plan draws in elements of a proposal from clean energy advocates that would offer no subsidies to Exelon, and one backed by a union coalition that would offer much more generous and long-lasting support for the four Exelon nuclear plants that aren’t already receiving subsidies from the 2016 law, including two Exelon hasn’t threatened to close.
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