Contact Us

Wyoming Lawmaker Expresses Caution On Coal Plant

CHEYENNE, Wyo. (AP) — 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 coal-to-gasoline plant.

The Rawlins Daily Times reports (http://bit.ly/xjWl6Y ) that 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.

Best of K2 Radio

Recommended For You

Around the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account just click on the account activation button below. You will maintain your existing VIP profile. After you do this, you will be able to always log in to http://k2radio.com using your original account information.

*Please note that your prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

(Forgot your password?)

Not a member? Sign up here

Sign up for K2 Fan Club quickly by connecting your Facebook account. It's just as secure and no password to remember!

Sign up to have exclusive K2 Fan Club contests, events, coupons, presales, and much more delivered to you for FREE.