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Coal Conversion Plant For Ashland ?

By: Associated Press Email
By: Associated Press Email

The state has committed at least 2.4 million dollars to attract two coal conversion plants to Kentucky.

That includes 2 Million dollars to help EnviRes LLC develop technology in the Ashland area to gasify coal, bio-mass and other carbon-bearing materials.

It also included 400-thousand dollars to Peabody Energy to conduct a feasibility study on a three billion dollar coal-to-liquid fuel plant near Sturgis, in Union County.

Fletcher has said repeatedly that Kentucky would not even be considered for such projects without tax incentives that he's proposing for a special legislative session, tentatively scheduled to begin next week.

But Democratic leaders in the House have taken the position that the issue can be dealt with during next year's regular session and that a special session is unnecessary. The special session would cost about 60-thousand dollars a day.

House Speaker Jody Richards says the contracts are further evidence that a special session to pass tax incentives for such companies is not needed.

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