Louisville, Ky., will invest less in economic development if the Metro Council approves an $873 million budget proposal from Mayor Greg Fischer. The budget, which would not increase taxation, would reduce economic-development spending to about $15 million in fiscal 2016, from $22.4 million in fiscal 2015. The budget also would fund road repair and improvement of the 911 system.
Covington, Ky., has leased a patch of grass for free to Grow the Cov, a group that aims to integrate farming into daily city life. Urban farming is big in the city, which loosened restrictions on chickens two years ago and might soon allow goats in a park.
The Duke Energy East Bend Station, a coal-fired plant in Boone County, Ky., partnered with the University of Kentucky to study how power plant gas emissions can be used to grow algae. Researchers captured and redirected the flow of the flue gas into clear tubes where algae is grown, providing the plant with carbon dioxide to drive its growth. Researchers are now studying how to expand the operation to redirect more flue gas, reduce carbon emissions and generate more algae biomass for biofuel or bioplastics.
Initial findings by NextEra Energy Resources show that Mason County, Ky., has sufficient wind resources to justify building a wind farm, the company told county officials. NextEra has started discussions with property owners in Mason County and neighboring Bracken County, where the company plans to install somewhere between 40 to 70 wind turbines, the executives added. The wind project is expected to bring in more than $180 million in investments to the two counties, the company said.