Why the BAARD Plant may NEVER BE BUILT!

[irishbobcat]

Why the BAARD Plant may NEVER BE BUILT!
Posted by: D.Spisak (IP Logged)
Date: January 04, 2009 10:58PM


In today's Vindicator ran the story on the progress of the Baard coal to liquid fuel plant.

What was interesting was buried near the end of the story. Writer D.A. Wilkinson states "Baard Energy is seeking investors for the plant. David DiStefano of Locke Lord Strategies in Washington, D.C., has been seeking federal loan guarantees for the project."

The Sierra Club released a study recently that stated Banks are refusing to invest in in coal projects across the country. Over the past 2 years, several coal proposals have collapsed in Ohio Alone due to a lack of private funding.

And Baard is still seeking investors? Seems like dad and son Charlie and Jason Wilson have sold Columbiana County a Pig in a Poke.

Dennis Spisak
Mahoning Valley Greens
Ohio Green Party

www.ohiogreens.org
www.votespisak.org/thinkgreen/