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Developers: Law will likely kill coal-gas plant

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Developers say legislation passed by Indiana lawmakers requiring regulators to review a $2.8 billion coal-gasification plant to be built in southwest Indiana will likely kill the project.

Indiana Gasification LLC project manager Mark Lubbers told the Evansville Courier & Press that developers wouldn't have tried to build the plant at Rockport if the law passed early Saturday morning had been in place.

Lubbers says even a win in the Indiana Supreme Court, which is reviewing the state's deal with developers, wouldn't save the project.

The contract would mandate the state buy and resell synthetic natural gas produced at the plant over the next 30 years. Opponents say that deal could cause ratepayers to eat as much as $1.1 billion in increased utility rates.

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  • Pull the Plug
    Lubers is yet another corporate exec who wants to tap into the public trough. Let this project die and good riddance to bad rubbish. There is no such thing as clean coal whether you turn it into gas or not.
  • GOOD RIDDANCE!!!
    Thank God this bill passed and will kill this plant. What a fleecing of Hoosier taxpayers this would have been.
  • Good Riddance
    The oppentents are right. This was not in the best interest of the environment or the utility payers.
  • Tammany Hall
    Good do away with the Banana Republic corrupt business risk shifted to the rate-payors by politicians/lunkheads. If it is a good deal let the FREE HAND of the Marketplace determine it and investor be aware. "The way to have Power is to take it" ---William "Boss" Tweed----

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  1. I took Bruce's comments to highlight a glaring issue when it comes to a state's image, and therefore its overall branding. An example is Michigan vs. Indiana. Michigan has done an excellent job of following through on its branding strategy around "Pure Michigan", even down to the detail of the rest stops. Since a state's branding is often targeted to visitors, it makes sense that rest stops, being that point of first impression, should be significant. It is clear that Indiana doesn't care as much about the impression it gives visitors even though our branding as the Crossroads of America does place importance on travel. Bruce's point is quite logical and accurate.

  2. I appreciated the article. I guess I have become so accustomed to making my "pit stops" at places where I can ALSO get gasoline and something hot to eat, that I hardly even notice public rest stops anymore. That said, I do concur with the rationale that our rest stops (if we are to have them at all) can and should be both fiscally-responsible AND designed to make a positive impression about our state.

  3. I don't know about the rest of you but I only stop at these places for one reason, and it's not to picnic. I move trucks for dealers and have been to rest areas in most all 48 lower states. Some of ours need upgrading no doubt. Many states rest areas are much worse than ours. In the rest area on I-70 just past Richmond truckers have to hike about a quarter of a mile. When I stop I;m generally in a bit of a hurry. Convenience,not beauty, is a primary concern.

  4. Community Hospital is the only system to not have layoffs? That is not true. Because I was one of the people who was laid off from East. And all of the LPN's have been laid off. Just because their layoffs were not announced or done all together does not mean people did not lose their jobs. They cherry-picked people from departments one by one. But you add them all up and it's several hundred. And East has had a dramatic drop I in patient beds from 800 to around 125. I know because I worked there for 30 years.

  5. I have obtained my 6 gallon badge for my donation of A Positive blood. I'm sorry to hear that my donation was nothing but a profit center for the Indiana Blood Center.

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