Barbour: Biofuel Project Tops Mississippi Session Agenda
by Emily Wagster Pettus (Bloomberg BusinessWeek) Mississippi lawmakers on Friday (August 27, 2010) will consider $50 million in state incentives for research and production of renewable fuel made from timber, one of the state’s most widely available natural resources.
…Barbour’s office didn’t reveal the name of the biofuels company or provide details about where it would be located. He said in a news release that the project would generate $85 million in wages and purchasing inside Mississippi and would create 1,000 jobs through the company and suppliers.
Wayne Tucker, assistant state forester and executive director of the Mississippi Institute for Forest Inventory, said in an interview that 65 percent of Mississippi is covered in trees, and about 75 of that land is held by private, non-industrial land owners.
…Barbour is seeking $45 million in bond money, plus tax breaks, for a biofuels company; $4 million for related work force training; and $1 million for research to be conducted at Mississippi State University’s Sustainable Energy Research Center. READ MORE and MORE (in-depth post-legislative session update: Biofuels Digest) and MORE (animation of KiOR pyrolysis process) and MORE
Related posts:
- Enerkem Awarded $50 Million Funding by U.S. Department of Energy for Its Mississippi Biorefinery Project
- BlueFire Shifts Cellulosic Ethanol Project to Mississippi; Taxes, Timing Issues in Move from California
- Enerkem Brings Next-Generation Biofuels Project to Mississippi
- Biofuel Company to Locate in Columbus
- Picking Biofuel Starters: Government Tops Off the Tank
