Key land auction for Excelsior Energy slated for today
December 18, 2012 at 6:00 pm in Duluth News Tribune
The prospect of Excelsior Energy successfully realizing its beleaguered plans to build a power plant on the outskirts of the tiny Iron Range community of Taconite, population 360, grew even murkier this week.
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~$55 million, a lot of it public, down the drain. At least Solyndra employed people, created a product, participated in proven technology trying to break through into a tough industry.
At the very least, can this put the goofy idea of ‘clean coal’ by way of gasification to bed?
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IRRRB got taken again. Just wait. This sounded way too good to be true back at the start and it still does. I saw it and I’m not an expert. The “experts” there didn’t see it.
When will the Range learn that economic salvation will come from a number of small things, if it comes at all, not from “home runs” like this power plant or Endotronics.
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