Biomass Energy Project In New York Awaits $100 Million Federal Loan Guarantee

The Taylor Biomass waste-to-energy project has had the support of U.S. Rep. Sean Patrick Maloney, D-Cold Spring, since his candidacy for Congress last year. The Orange County facility is awaiting a $100 million loan guarantee from the U.S. Department of Energy and the freshman lawmaker said Thursday that the Obama Administration is now taking note […]

The Taylor Biomass waste-to-energy project has had the support of U.S. Rep. Sean Patrick Maloney, D-Cold Spring, since his candidacy for Congress last year.

The Orange County facility is awaiting a $100 million loan guarantee from the U.S. Department of Energy and the freshman lawmaker said Thursday that the Obama Administration is now taking note of the project.

The project is expected to create about 300 jobs. Montgomery is about 20 miles south of New Paltz.

“I am pleased that the president and the Department of Energy have been responsive to my request that they get focused on this because we can’t wait; we need the jobs right now,” Maloney said. “The guy out there who has millions of dollars of his own money invested in this, who is a member of the other party – it has nothing to do with this – who has skin in the game, who has a good idea that could bring hundreds of good jobs to this region, that’s the kind of stuff I want to do in Congress,” he said.

Taylor Biomass President James Taylor has been planning the biomass facility for years and has lined up a number of clients for when it becomes operational.

From The Daily Freeman: http://www.dailyfreeman.com/articles/2013/08/17/news/doc520eda6e26f87123204748.txt

Tags: , , , , , , , , , , , , , , , , ,

POST A COMMENT

Your email is never published nor shared. Required fields are marked *

*
*

Subscribe

Looking to subscribe to Wood Bioenergy magazine? It's simple, just follow the link to our online subscription form and complete the required fields and submit. If you'd rather talk to a real live human being, feel free to give us a call at (800) 669.5613'

Contact

To contact Wood Bioenergy magazine, either call (334) 834-1170 or email us at [email protected]

TAG CLOUD