Comments on: DoD Can Enter Synfuel Contracts With Long Terms If Low GHG http://coalgasificationnews.com/2009/05/26/dod-can-enter-synfuel-contracts-with-long-terms-if-low-ghg/ Coal gasification news and information. Wed, 17 Mar 2010 22:08:28 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Editor http://coalgasificationnews.com/2009/05/26/dod-can-enter-synfuel-contracts-with-long-terms-if-low-ghg/comment-page-1/#comment-312 Editor Fri, 29 May 2009 03:04:40 +0000 http://coalgasificationnews.com/?p=927#comment-312 Chris, We re-read our story and decided it was a bit confusing so we modified it to make it more clear that Senator Bunning sponsored an amendment to the Fiscal Year 2010 Budget. There was a link to the press release on Senator Bunning's website with this information, but our article should have been more clear. We would like to point out that at the State level, Indiana recently passed legislation that enables the State through an agency to negotiate Substitute Natural Gas (SNG) contracts with a 30 year term for the purpose of facilitating financing for coal gasification projects. SEA 423 received overwhelming bipartisan support in the Indiana Senate (48-0) and House (90-8). It authorizes the Indiana Finance Authority (IFA), on behalf of the state, to enter into negotiations for 30-year contracts for the purchase and sale of SNG for delivery to Indiana customers. Governor Daniels was joined at the bill signing by Senator Brandt Hershman (R-Monticello), Senator Jim Merritt, (R-Indianapolis), Representative Russ Stilwell (D-Boonville), and Representative Win Moses (D-Fort Wayne). Hopefully the U.S. Senate and Congress will support similar legislation. We agree with you that this is important for the coal-to-liquids industry. We appreciate you taking time to comment. Good catch! Chris,

We re-read our story and decided it was a bit confusing so we modified it to make it more clear that Senator Bunning sponsored an amendment to the Fiscal Year 2010 Budget. There was a link to the press release on Senator Bunning’s website with this information, but our article should have been more clear.

We would like to point out that at the State level, Indiana recently passed legislation that enables the State through an agency to negotiate Substitute Natural Gas (SNG) contracts with a 30 year term for the purpose of facilitating financing for coal gasification projects. SEA 423 received overwhelming bipartisan support in the Indiana Senate (48-0) and House (90-8). It authorizes the Indiana Finance Authority (IFA), on behalf of the state, to enter into negotiations for 30-year contracts for the purchase and sale of SNG for delivery to Indiana customers. Governor Daniels was joined at the bill signing by Senator Brandt Hershman (R-Monticello), Senator Jim Merritt, (R-Indianapolis), Representative Russ Stilwell (D-Boonville), and Representative Win Moses (D-Fort Wayne).

Hopefully the U.S. Senate and Congress will support similar legislation. We agree with you that this is important for the coal-to-liquids industry. We appreciate you taking time to comment. Good catch!

]]> By: Chris http://coalgasificationnews.com/2009/05/26/dod-can-enter-synfuel-contracts-with-long-terms-if-low-ghg/comment-page-1/#comment-310 Chris Thu, 28 May 2009 18:47:30 +0000 http://coalgasificationnews.com/?p=927#comment-310 Editor, This is a confusing story if I have ever read one...Senator Bunning tried to amend the FY09 Defense Authorization bill with SA 5432, which was not adopted. Second, The FY10 Defense Authorization bill, S1003, was just introduced May 13, 2009 and has yet to move from the Armed Services Committee to the Senate Budget Committee, the Senate Budget Committee has yet to hold hearings on the FY10 Defense Authorization Bill. So did Senator Bunning sponsor a amendment that has been included in the FY09 Defense Supplemental, S1054? If so could you reference it for your readers? This is a huge story that needs to be better researched as a 20 year contract term will allow several of the CTL projects to move forward especially given that a contract length of this term will make CO2 sequestration economically feasible. Editor,
This is a confusing story if I have ever read one…Senator Bunning tried to amend the FY09 Defense Authorization bill with SA 5432, which was not adopted. Second, The FY10 Defense Authorization bill, S1003, was just introduced May 13, 2009 and has yet to move from the Armed Services Committee to the Senate Budget Committee, the Senate Budget Committee has yet to hold hearings on the FY10 Defense Authorization Bill.
So did Senator Bunning sponsor a amendment that has been included in the FY09 Defense Supplemental, S1054? If so could you reference it for your readers? This is a huge story that needs to be better researched as a 20 year contract term will allow several of the CTL projects to move forward especially given that a contract length of this term will make CO2 sequestration economically feasible.

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