Share “Bryant unfolds roadmap to develop Miss....”

Bryant unfolds roadmap to develop Miss. energy

Associated Press Modified: October 4, 2012 at 6:30 pm •  Published: October 4, 2012

JACKSON, Miss. (AP) — Gov. Phil Bryant is renewing his focus on promoting energy-related development.

Bryant unveiled an "energy roadmap" Thursday at the Mississippi Energy Summit, including promoting oil and gas production, finding ways to use the state's available energy resources to attract more business, improving energy efficiency, expanding energy-focused research and training workers to take advantage of opportunities.

When inaugurated, Bryant emphasized energy and health care as avenues to economic development. Legislators created tax breaks for health care investments this year. Now it appears to be energy's turn for attention.

He said Mississippi should focus on energy development because it has natural advantages in the area and because the field produces high-paying jobs.

"Most energy jobs pay twice the average household income in Mississippi," the governor said.

Bryant listed few specifics Thursday.

He said that his administration was considering sponsoring a bill to encourage research and development in the energy industry. He said such measures might include allowing university researchers to keep more profits from patented inventions. He also said the Mississippi Development Authority and the private Mississippi Energy Institute might combine money to fund energy research and lure top researchers to the state.

Bryant acknowledged a ranking Wednesday by the American Council for an Energy-Efficient Economy that named Mississippi last among states for promoting energy conservation.

"We don't do a very good job," he said. "We're going to work hard to get off of that list."

Southern Co. CEO Thomas Fanning reiterated support for the coal-fired plant that its Mississippi Power Co. subsidiary is building in Kemper County, despite the cost rising to $2.8 billion.

"There's a big capital cost, I get that, but the energy coming out of this technology will be super-cheap," Fanning said.

Continue reading this story on the...