Friday, June 30, 2006

Kentucky Needs FutureGen

There are twelve sites in seven states that are in the running for the site of the FutureGen plant, which, when completed, promises to utilize clean technology to produce clean electrical energy from coal. Kentucky is in the running for one of these sites, and has a lot to offer. Easy access to the Kentucky coal mines, in addition to access to transportation by way of the Ohio and Mississipp Rivers.

Despite this, Kentucly may be a long shot, as the tax incentives that it offers to lure the compay only amount to about 2.4 million dollars in tax incentives in addition to 215 acres of free land. Considerable- until you consider, that is, that Ohios incentive package could total as high as 160 million dollars.

It would be a shame for Kentucky to lose out on this deal, which amounts to a one billion dollar project. This is not some sweat shop factory that might employee fifty people for a few years while it wrecks the environment, pays no taxes, and reserves the best jobs for a few people whose families have “pull”.

This is a job whose incentives would pay for themselves in a few years, would add long term high paying quality jobs and provide economic revitalization to the state, in addition to cheap sources of clean energy. Kentucky may not be able to match the tax incentives packages of Ohio and some other states, but it might not need to, given it’s other benefits, which are sorely lacking in other areas.

It could also help Kentucky reestablish that proud tradition that it lost during the Civil War, and has never regained-it’s place of honor as a state of advancement of civilization, one of whose cities, Lexington, was once known as the “Athens of The West”. A chance to be the homeplace of a needed advancement in science and technology in the area of overall national energy independence deserves more than just a little over two million dollars and some free land.