Governor lays out approach for value-added energy and industrial project development
(Cheyenne, Wyo.) – Governor Matt Mead is working to add value to Wyoming’s natural resources and create jobs. Wyoming will plan for large-scale industrial projects that could bring significant benefit to the state. The Governor is directing an effort to develop recommendations to encourage processing and conversion of natural gas, coal, bentonite, trona, rare earth elements and other resources here in Wyoming rather than exporting raw commodities.
“It is important to expand and diversify the economy by using the natural resources we have in abundance in Wyoming,” Governor Mead said. “This will be a long journey, but we need to start now working with people across Wyoming. I want to hear from the public, local leaders and businesses in this process.”
Governor Mead, in conjunction with the Legislature, set aside funding to gather information on potential large-scale projects. Three task forces will be appointed. One task force will implement the Governor’s initiative for an integrated test center designed to develop new beneficial uses for carbon dioxide. The second will work to gain industry perspectives, and the third will identify opportunities and gaps in regulation, infrastructure and planning.
“This effort can help us increase both investment in Wyoming and the value of our resources,” Governor Mead said. “I expect the process to lead to opportunities across the state.” The Governor has asked for comment from the Legislature before identifying task force members.
–Provided by Gov. Matt Mead’s Office