Raw Story: Group claims windfall for ex-Enron execs buried in new energy b

[unhappycamper]

Group claims windfall for ex-Enron execs buried in new energy bill
RAW STORY

Buried in the 700-plus page energy bill currently under debate in the U.S. Senate is a provision that provides hundreds of millions of dollars worth of federal loan guarantees for a power project apparently to be built by four former Enron executives, the interest group Public Citizen revealed Monday in a release to RAW STORY.

One of the former executives is Thomas White, who was Enron's head of retail and energy trading in California during the energy crisis. White later served as Secretary of the Army under President Bush.

Title XIV of the Senate energy bill provides federal loan guarantees for "a project to produce energy from coal … mined in the western United States using appropriate advanced integrated gasification combined cycle technology that minimizes and offers the potential to sequester carbon dioxide emissions and … shall be located in a western State at an altitude greater than 4,000 feet."

Public Citizen's says this loan would benefit just one company: Houston-based DKRW Energy. The firm, named after the four Enron executives that founded it -- Jon Doyle, Robert Kelly, H. David Ramm and White -- formed a subsidiary to develop a $2.8 billion coal gasification project in Wyoming.

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