Home arrow NewsBreak arrow Trash to Cash Crash
Trash to Cash Crash
Thursday, 08 July 2010

July 8--  The old adage "If it sounds too good to be true, it probably is," apparently applies to the agreement between the Toombs County commissioners and the company called America's Waste to Energy.

A couple of years back the company said it had technology to burn the county's garbage to create energy for electricity.  Not only would that have saved the county from adding expensive cells to the county landfill, but the company also promised to pay the county up to a million dollars a year for access to the landfill.

Thursday county manager Doug Eaves confirmed it's a dead deal as far as the county is concerned.  Even though the Memorandum of Agreement is still in effect, Eaves says the company has been unable to find enough investors for the estimated $30 million project.  He also believes company executives were unprepared for the regulatory hoops it faced from the Georgia Environmental Protection Division.

"The project got to be a lot larger in scope as far as regulation and permits they had to acquire, and I think that time delay might have caused a scare factor with investors and that might have been part of why they lost their financing," Eaves reports.

 
< Prev   Next >
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement


Copyright © 2014 Southeast Georgia Today Web Portal
This Site is Best Viewed with Screen Resolution of 1024 X 768 Pixels
Website Design & Hosting by Red Wheeler Associates, LLC