Getting your player ready...
A major Nevada utility got more than $200 million in taxpayer and ratepayer money for an experimental clean-coal generating plant that wouldn’t run reliably and was mothballed. Now, Sierra Pacific Power Co. wants $42 million more from its customers. More than half of the funding invested in the Pinon Pine gasified coal project came from the federal Department of Energy. An Associated Press survey of Energy Department records shows it’s a prime example of investments of public funds in failed alternative-energy ventures across the nation.
The Associated Press
Tax dollars and energy ventures Read about the cost of Nevada’s failed experimental energy venture.
