Most Active Stories
- Growing sagebrush and other native seed: Crackpot idea or lucrative business venture?
- Wyoming missed out on last uranium boom, but planning for the future
- South Africans strive to limit damage to landscape as elephant populations grow
- Wolf trapping raises concerns about trapping the wrong animals
- Study finds BLM’s wild horse management practices are flawed
On Air Staff and WPM Interns
Thu January 19, 2012
Bonding for coal gasification plant moves forward
The Carbon County Commission has approved
resolutions supporting a Texas company's plan to issue $545 million
in bonds to help fund construction of a planned $2 billion
The commission unanimously endorsed issuing $300-million in industrial
development bonds and $245 million in tax exempt bonds.
DKRW officials have asked the State of Wyoming to purchase the
$300-million bond issue. The $245-million bond issue would be sold
on the open market.
State Sen. Phil Nicholas, R-Laramie, is chairman of the Senate
Appropriations Committee. He says legislative leadership would be
comfortable investing a maximum of between $50 million to $100
million in the bonds.
Nicholas says an investment of $300 million would require the
state to hire its own experts to evaluate the project.