Heavy rain is beginning to fall across much of the area, leading to some localized flooding in several counties. Flood Warnings are already out for most of the area through later this afternoon. A Flood Watch continues for everyone through tomorrow night. A Winter Storm Warning goes into effect later today for most of the area. The rain will start to transition to freezing rain/sleet and snow by later this evening, generally between 8 p.m. and midnight. Keep it locked to WYMT for updates.
FRANKFORT, Ky. (AP) - Peabody Energy has joined with a second
company on a proposal to construct a three (B) billion-dollar
coal-gasification plant in Kentucky. State lawmakers want to lure
the plant here with some 300 (M) million dollars in tax breaks.
Peabody says Conoco-Phillips would be a partner in the project
to convert coal to synthetic natural gas.
The proposal is to build the plant near an existing Peabody mine
in Illinois, Indiana or Kentucky. Feasibility studies are under way
to determine the preferred location.
Governor Fletcher, and leaders from the House and Senate are
scheduled to meet with Peabody President and Chief Executive
Officer Gregory Boyce in Louisville, Wednesday. Kentucky leaders
hope to get him to commit to building the plant in Kentucky.
(Copyright 2007 by The Associated Press. All Rights Reserved.)