Hunter Johnston Quoted in ClimateWire

Hunter Johnston was quoted in the article "Ind. backs plan for $2 billion coal gasification plant," which was featured in ClimateWire on December 17, 2010.

The article discuses the Indiana Finance Authority go-ahead to a proposed $2.65 billion coal gasification project in the state's southern coal region, agreeing to purchase the plant's output for 30 years under a negotiated contract price.

Mr. Johnston is quoted saying, "whether it makes money depends on what the gas price does over the course of the project." Mr. Johnston also told ClimateWire that Indiana Gasification is in the final stages of negotiating a loan guarantee with the Department of Energy, which is necessary for the project to go forward.

Click here to view the article in its entirety.

Reprinted from E&E Daily with permission from Environment & Energy Publishing, LLC. www.eenews.net. 202/628-6500