Coal industry fires back at Dept. of Energy on FutureGen project
The coal industry isn't happy with the Department of Energy's cancellation of an ambitious clean coal project, and has issued a bulletin to correct what it considers inaccurate statements about the cost of the project.
Earlier this week, the DOE said it was pulling out of the FutureGen Alliance, a coalition of coal and oil companies banded together to create a coal-fired power plant in Mattoon, Ill., that injects carbon dioxide emissions underground. The cost, the DOE claimed, had become prohibitive. The budget for the 300-megawatt demonstration plant had ballooned to $1.8 billion because of price increases … Read more