Climate Ark News Archive

Non-profit climate news links and archive of materials no longer on web provided on these terms to help find solutions and for posterity

Rate (9) | Printer | Disclaimer & Conditions for Use | Share on Facebook |

Illinois: After Washington Pulls Plug on FutureGen, Clean Coal Hopes Flicker

Source:  Copyright 2008, Wall Street Journal
Date:  February 2, 2008
Byline:  Rebecca Smith and Stephen Power
Original URL: Status ONLINE


The crippling blow dealt this week to FutureGen, the U.S. government's marquee effort to develop a "clean coal" power plant, will make it harder for the utility sector to slash carbon-dioxide emissions and keep coal in the mix over time as a cheap electricity source. It could also help push the nation toward greater reliance on nuclear power.

On Wednesday, Energy Secretary Samuel Bodman said the Bush administration was yanking its support for the project, whose price tag had ballooned to $1.8 billion, nearly double original estimates. Energy Department officials said it was time to confront the cost issue, before equipment was ordered. Clay Sell, deputy energy secretary, said the easier, less-responsible path would have been to pretend everything was fine "and then when the thing went south, I could have blamed the next administration for failing to bring this good idea to fruition."

Members of the FutureGen ...

Continue to Read Full Article at Source



Rate Article: 1 (Worst) to 10 (Best)

 


Search the Internet with Climate Ark's Search Engine for more information on: 'Illinois clean coal test'

Climate Ark users agree to the site disclaimer as a condition for use.