2022 Inflation Reduction Act - Illinois Coal Mines and Power Plants
Revision as of 14:18, August 29, 2022 by Alan.Myers (talk | contribs) (→Usefull Illinois State Geological Survey Links)
Inflation Reduction Act
The Inflation Reduction Act invests in revitalizing economies of energy communities across the country, by create good-paying, union jobs, and supporting workers in coal, oil and gas, and power plant industries by:
- Reinstating funding for the Black Lung Disability Trust Fund, which provides payments and medical treatment to coal miners suffering from breathing and respiratory challenges.
- Authorizes $250 billion in loans through the Department of Energy’s Loan Programs Office to retool legacy energy infrastructure like transmission lines, refineries and power plants for the net-zero economy.
- Provides a 10% bonus tax credit for wind and solar projects that are developed in places that have seen a coal mine or power plant close or have seen employment losses as a result of contractions in the fossil fuel economy.
- Delivers tax credits for clean energy manufacturing projects that are developed in energy communities where coal mines and power plants have closed with bonus credit for projects creating good-paying union jobs.
The credit amount could be increased by 10% for facilities located in an energy community. An energy community is defined as being a brownfield site; an area which has or had certain amounts of direct employment or local tax revenue related to oil, gas, or coal activities and has an unemployment rate at or above the national average; or a census tract or any adjoining tract in which a coal mine closed after December 31, 1999, or in which a coal-fired electric power plant was retired after December 31, 2009.
Usefull Illinois State Geological Survey Links
ILMines
- ILMines - GIS map of the outline of mines in the state
- Shapefiles used to construct ILMines (points and polygons)
Mine-Info
disclaimer??
- Mine Info Spreadsheet (ms excel)
Includes opening and closing dates of mines (if known)
ISGS map series that includes mined area area information
Links to individual mines that may qualify for the bonus tax credit.
Mine Index | Coal co | Mine Name | Year-start | Year-end |
---|---|---|---|---|
0877 | Consol Energy, Inc. | Rend Lake Mine | 1967 | 2002 |
0886 | MaRyan Mining, LLC | Shay No. 1 Mine | 1970 | 2020 |
0921 | Wabash Mine Holding Company | Wabash Mine | 1973 | 2007 |
0933 | Freeman United Coal Mining Company | Crown II Mine | 1974 | August 2007 |
0968 | Peabody Midwest Mining | Gateway Mine | 1976 | 2015 |
0995 | Arclar Company | Eagle Valley Mine | 1984 | 2002 |
0996 | Tri County Coal, LLC | Crown III Mine | 1981 | 2013 |
1001 | American Coal Company | Galatia Mine | 1983 | 2017 |
1002 | Freeman Coal Mining Company | Industry Mine | 1982 | 2003 |
1004 | Illinois Fuel Company, LLC | I-1 Surface Mine | 1982 | 2011 |
1018 | Black Beauty Coal Company | Riola Mine | 12 April 1996 | 9 June 2006 |
1020 | Illini Energy Resources | Razorback I Mine | 1997 | 2000 |
1021 | Big Ridge, Inc. | Big Ridge Portal No. 2 Mine | 1997 | 1 February 2002 |
1022 | Black Beauty Mining Company | Wildcat Hills Eagle Valley Mine | 1998 | 2007 |
1023 | Knight Hawk Coal, LLC | Creek Paum Mine | 1998 | 2016 |
1024 | Silver Creek Coal Company | Bear Mine | 1999 | 2000 |
1026 | Black Beauty Coal Company | Vermilion Grove | 3 December 2001 | 2009 |
1027 | S Coal Company | Cambria No. 1 Mine | 2001 | 2004 |
1028 | Big Ridge, Inc. | Willow Lake Mine | 2002 | 17 November 2012 |
1029 | Nubay Mining, LLC | Liberty Mine | 2002 | 2006 |
1032 | American Coal Company | New Future Portal Mine | 2000 | 2017 |
1035 | Illinois Fuel Company, LLC | I-1 Underground Mine | 2003 | 2003 |
1036 | Knight Hawk Coal, LLC | Prairie Eagle Surface Mine | 2005 | 2014 |
1037 | S Coal Company | Elkville Mine | 2004 | 2009 |
1038 | Peabody Midwest Mining | Wildcat Hills Underground Mine | 2006 | 2019 |
1040 | White County Coal, LLC | Pattiki II | 2002 | 2016 |
1042 | Knight Hawk Coal, LLC | Royal Falcon Mine | 2007 | 2009 |
1044 | Peabody Midwest Mining | Wildcat Hills Cottage Grove Mine | 2000 | 2019 |
1045 | Knight Hawk Coal, LLC | Prairie Eagle South Underground Mine | 2009 | 2013 |
1046 | Black Nugget, LLC | North Grindstone | 2009 | 2012 |