Where does the public's money go when a project falls apart?

Reports indicate that the Hydrogen Conversion Project at DGC may be DOA, so what happens to the state money put into that project?

Those who have followed my writing on what I have called Governor Burgum’s Green New Deal and the efforts to bailout the coal industry from onerous federal regulations, know that we are not advocating for either of these approaches - but rather to just let the market sort it out and be prepared either way.

Episode 2: To Green or Not To Green

I have also updated you extensively on the Hydrogen Conversion Project that was proposed in 2021 to switch the DGC Synfeuls plant from a Coal to Natural Gas conversion plant to a Natural Gas to Hydrogen conversion plant.

Coal Counties Protest Proposed Hydrogen Project, But Were Silent During Legislative Session

Now comes word that that switch may not happen at all.

Basin Electric Rejects Bakken Energy's Offer For Acquisition

From Jason Spiess:

According to the Western Association of Energy Counties, Basin Electric Power Cooperative notified member co-ops and employees this week that it has rejected the latest offer from Bakken Energy for the acquisition of Dakota Gasification Company (DGC).

Yet, according to a press release from Bakken Energy dated August 16, 2021, Bakken Energy Reaches Agreement To Purchase Dakota Gasification.

Bakken En…