Texas arrogant in their proposal
The incentive packages are in, the studies have been completed, and the meetings have been held. Now it is a waiting game for the four finalists being considered for the FutureGen Alliance power plant and research facility.
Illinois passed legislation that all but matched Texas’s CO2 indemnification policies towards FutureGen. The Illinois cities fighting for the project appear to more qualified then the Texas cities. Geology is better, work force is better, topography is better, and we have better access and are closer to research facilities.
The alliance has said all along that is politics will not play a factor in the decision, and while incentive packages will be analyzed, they will not guarantee the project. This did not stop the State of Texas from offering a one billion dollar incentive package to attempt to bring the project to their state. This is over ten times Illinois’s financial incentive package.
This prompted Texas Bureau of Economic Geology Director and the chief organizer of Texas' FutureGen bids, Scott Tinker to claim “Game Over” on the FutureGen decision process.
The financial incentive package is only one factor in the decision, and it is clear Texas feels they can buy the project. We will soon see if the FutureGen bites. I question the economics of offering $1 billion for a $1.5 billion project. If Texas has a billion dollars for this, they could spend it on there own plant.
The difference in these packages may go farther in showing Illinois’s need for economic development then Texas’s flexing of monetary muscle. Texas state budget is over twice Illinois’, while their population is just under half.
Whether Illinois or Texas is chosen for FutureGen, I will always remember the arrogance of the Texas official who claimed “Game Over” before the choice was made. This attitude does not fare well for the state and public officials should choose their words more wisely. A more diplomatic response would have been something like “We feel our incentive package is what the Alliance is looking for in their decision and makes up for the Texas’ sites shortcomings”
I don’t know if the financial package will be the deciding factor in the choice, but Texas should keep in mind they may need to look to Illinois for assistance in the future, perhaps on this project or maybe something else. I hope Illinois remembers their arrogant attitude towards this when that happens.
I know I will remember when it comes time to spend my tourism dollars. Texas is struck off my list of places to visit until they show to be a friendlier state. I know the lack of my tourist dollars won’t make a difference to a state that can afford $1 billion for a $1.5 billion project, but I will have piece of mind.
Illinois passed legislation that all but matched Texas’s CO2 indemnification policies towards FutureGen. The Illinois cities fighting for the project appear to more qualified then the Texas cities. Geology is better, work force is better, topography is better, and we have better access and are closer to research facilities.
The alliance has said all along that is politics will not play a factor in the decision, and while incentive packages will be analyzed, they will not guarantee the project. This did not stop the State of Texas from offering a one billion dollar incentive package to attempt to bring the project to their state. This is over ten times Illinois’s financial incentive package.
This prompted Texas Bureau of Economic Geology Director and the chief organizer of Texas' FutureGen bids, Scott Tinker to claim “Game Over” on the FutureGen decision process.
The financial incentive package is only one factor in the decision, and it is clear Texas feels they can buy the project. We will soon see if the FutureGen bites. I question the economics of offering $1 billion for a $1.5 billion project. If Texas has a billion dollars for this, they could spend it on there own plant.
The difference in these packages may go farther in showing Illinois’s need for economic development then Texas’s flexing of monetary muscle. Texas state budget is over twice Illinois’, while their population is just under half.
Whether Illinois or Texas is chosen for FutureGen, I will always remember the arrogance of the Texas official who claimed “Game Over” before the choice was made. This attitude does not fare well for the state and public officials should choose their words more wisely. A more diplomatic response would have been something like “We feel our incentive package is what the Alliance is looking for in their decision and makes up for the Texas’ sites shortcomings”
I don’t know if the financial package will be the deciding factor in the choice, but Texas should keep in mind they may need to look to Illinois for assistance in the future, perhaps on this project or maybe something else. I hope Illinois remembers their arrogant attitude towards this when that happens.
I know I will remember when it comes time to spend my tourism dollars. Texas is struck off my list of places to visit until they show to be a friendlier state. I know the lack of my tourist dollars won’t make a difference to a state that can afford $1 billion for a $1.5 billion project, but I will have piece of mind.
