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Senate panel waters down coal-gas measure

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The fight over a proposed $2.6 billion coal-gasification plant was left to the Indiana courts on Thursday after a Senate committee decided not to get involved in how an account set up by the plant's developers would be used.

Supporters and opponents of the plant have waged parallel fights this year in Legislature and the courts. But lawmakers stepped out by abandoning a plan that would have sped up how soon ratepayers received refunds from a $150 million account established by the plant's developers to offset rate hikes.

The developers, Indiana Gasification LLC and its parent company, Leucadia, have said such a move would have killed the project.

The Senate Utilities Committee decided Thursday to strip the plan from legislation that involved the workings of the Indiana Utility Regulatory Commission. Committee members said they wanted to allow the pending court fight to play out before getting more involved.

However, the committee added in new protections for ratepayers if the courts send the issue back to the IURC. Those protections would "give the ratepayer a voice more so than before," said Sen. Jim Merritt, R-Indianapolis, chairman of the committee.

The panel approved the pared-downed legislation and sent it to the full Senate.

The Indiana Court of Appeals ruled last year that a contract the state signed guaranteeing to buy synthetic natural gas from the plant over the next 30 years was invalid. If that ruling stands, the legislation would dictate that the IURC review the contract with an eye toward projected natural gas costs and the future availability of shale gas.

The proposed Rockport plant has pitted southwestern Indiana lawmakers and the New York-based developer, Leucadia, against environmentalists, consumer advocates and large ratepayers this session, who have argued the deal unfairly places ratepayers on the hook for potential hikes.

"This is really a complicated issue and I certainly would not like to see the project die, but there are still very valid concerns," said Sen. Jean Breaux, D-Indianapolis.

Sen. Jim Tomes, R-Wadesville, said the plant would bring good-paying jobs to the constituents he represents.

"There's six-and-a-half million people in this state who aren't here today because they're working for a living or trying to find jobs trying to support their families. We all want jobs," he said.

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  1. So much for Eric Holder's conversation about race. If white people have got something to say, they get sued over it. Bottom line: white people have un-freer speech than others as a consequence of the misnamed "Civil rights laws."

  2. I agree, having seen three shows, that I was less than wowed. Disappointing!!

  3. Start drilling, start fracking, and start using our own energy. Other states have enriched their citizens and nearly elminated unemployment by using these resources that are on private land. If you are against the 'low prices' of discount stores, the best way to allow shoppers more choice is to empower them with better earnings. NOT through manipulated gov mandated min wage hikes, but better jobs and higher competitive pay. This would be direct result of using our own energy resources, yet Obama knows that Americans who arent dependent of gov welfare are much less likely to vote Dem, so he looks for ways to ensure America's decline and keep its citizens dependent of gov.

  4. Say It Loud, I'm Black and Ashamed: It's too bad that with certain "black" entertainment events, it seems violence and thuggery follows and the collateral damage that it leaves behinds continues to be a strain on the city in terms of people getting hurt, killed or becoming victims of crimes and/or stretching city resources. I remember shopping in the Meadows area years ago until violence and crime ended make most of the business pack you and leave as did with Lafayette Square and Washington Square. Over the past 10 to 12 years, I remember going to the Indiana Black Expo Soul Picnic in Washington Park. Violence, gang fights and homicides ended that. My great grandmother still bears the scares on her leg from when she was trampled by a group of thugs running from gun fire from a rival gang. With hundreds of police offices downtown still multiple shootings, people getting shot downtown during Black Expo. A number of people getting shots or murdered at black clubs around the city like Club Six on the west side, The Industry downtown, Jamal Tinsley's shot out in front of the Conrad, multiple fights and shootings at the skating rinks, shootings at Circle Center Mall and shooting and robberies and car jackings at Lafayette Mall. Shootings and gang violence and the State Fair. I can go on and on and on. Now Broad Ripple. (Shaking head side to side) Say It Loud, I'm Black and I'm Ashamed.

  5. Ballard Administration. Too funny. This is the least fiscally responsive administration I have ever seen. One thing this article failed to mention, is that the Hoosier State line delivers rail cars to the Amtrak Beech Grove maintenance facility for refurbishment. That's an economic development issue. And the jobs there are high-paying. That alone is worth the City's investment.

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