Dim Future Boom and Bust Just Transition Coal Costs Illinois Back Illinois Coal Production … Expected to Stop in 20 Years In process – Page will be completed by March 20 or before
Benld, once a thriving coal-mining town, is sinking. Pam Richart said a 5% tax on the value of coal could be used to repair and replace infrastructure.
EJC joins the call for a just response for communities and miners as Peabody nears bankruptcy, unable to meet its bond obligations. It’s time to make that transition from a coal economy by funding employment and new economic opportunities; and revenues for land reclamation and mine clean-up.
With its increased production, Illinois now ranks 4th among all coal-producing states in the country. Recoverable reserves at producing mines have been estimated to be 2.5 billion short tons, greater than those of any other state east of the Mississippi River.