Future Gen Update

By: KBTX Staff
By: KBTX Staff

There's a bidding war between Texas and six other states, each trying to land a billion-dollar power plant that's virtually pollution free. And if the power plant is awarded to Texas, it will be in the Brazos Valley.

Illinois has up to 80 million dollars in incentives on the table for Future Gen, from grants to low-interest loans. Ohio is offering twice that.

And Texas has passed a law making the state responsible for any legal entanglements stemming from the coal-fired plant's carbon dioxide emissions.

All told, the enticements soar into the hundreds of millions of dollars as states vie for more than a thousand construction jobs and 150 permanent ones.

Finalists will be tapped this summer, with the winner to be announced next year.

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