Associated Press, Published December 15 2012
North Dakota coal plant backers get extension of state aid
BISMARCK — The North Dakota Industrial Commission has given backers of a proposed coal-to-liquid fuel plant in western North Dakota a fifth extension of state aid to study the project.
Dallas-based North American Coal Corp. says developers asked for the extension because favorable coal legislation and a clear U.S. energy policy is still needed for the $4 billion project to move forward.
North American Coal and Headwaters Inc. of South Jordan, Utah, formed American Lignite Energy LLC in 2007 to oversee construction and operation of the proposed plant.
The state Industrial Commission in 2007 committed up to $10 million in state aid from coal tax collections to determine the project's potential.
Copyright 2012 The Associated Press.