IEC Legislative Update

Dynegy’s Double-Bailout

11 Senators and 33 Representatives Oppose SB 2250 and HB 4141, Dynegy’s Double-Bailout

Dynegy, a Texas-based energy giant, has been busy pushing bailouts in multiple venues with Illinois policymakers, while at the same time entering into a mega-merger with another Texas-based energy giant, Vistra Energy. This sale is estimated to add $1.7 billion to Dynegy’s coffers.

In response, 11 State Senators and 33 Representatives sent a letter to Governor Rauner entitled “Illinois Families Can’t Afford A Coal Bailout.” In the letter, the legislators express their opposition to Dynegy Inc.’s attempt to weaken air pollution rules, and they commit to vote against any proposal that will bailout Dynegy’s uneconomic coal plants.

You can read the letter below and write your legislators to oppose Dynegy’s double-bailout by clicking here.

See what others are saying about Dynegy’s plans:

“Houston-based Dynegy will push for the General Assembly to consider legislation in next
month’s veto session that would likely hike electric bills in downstate Illinois to preserve at
least some of the company’sfinancially ailing fleet of coal-fired power plants.”
Crain’s Chicago Business, 10/13/17

“Nationwide, the environment is under regulatory assault …. It falls to the states, including
Illinois, to be even more vigilant about protecting our air and water. Dynegy’s request
should be rejected.” – Chicago Sun-Times, 10/18/17

Share This Post

Share on facebook
Share on linkedin
Share on twitter
Share on email

Subscribe to our Newsletter

Get IEC updates sent directly to your inbox
and stay current on all the environmental news in Illinois.

IEC Legislative Updates

Legislative Update in the Wake of COVID-19

As you probably know, we typically send out updates on the status of the environmental legislative agenda on a weekly basis during the legislative session. However, these are not typical times and it feels wrong to go about business as usual when we are all so focused on the gravity of threats posed by the coronavirus, COVID-19, in our communities.

IEC 2019 Veto Session Review

During this session, IEC focused on demonstrating public support for the Clean Energy Jobs Act (CEJA) and addressing ethylene oxide pollution.

2019 End of Session Update

The 2019 Illinois General Assembly legislative session ended on Sunday, June 2. IEC is proud to announce it was one of the most successful ever

Join us

Get updates on our issues