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Saturday, April 02, 2011
Ind. Gov't. "Gas distributors oppose $2.7B Rockport gasification plant"
Fascinating, lengthy story today by Chris O'Malley of the IBJ ($$), based on testimony before the Indiana Utility Regulatory Commission on the proposed coal gasification plant in Rockport that would be subsidized by Indiana natural gas customers. Six gas-distribution companies are urging total rejection; Vectren is against the proposed 30-year contract. From near the end of the story:
CAC’s program director, Kerwin Olson, said the recently filed concern of the seven gas firms “speaks volumes for our case. This is a bad deal for ratepayers. This is a case of monumental consequences to the state of Indiana and ratepayers.”Mention is also made of behind-the-scenes efforts to revive the CO2 pipeline bill.
For background, start with this ILB entry from March 19th.
Posted by Marcia Oddi on April 2, 2011 01:02 PM
Posted to Indiana Government