Obama’s steps for CCS at coal plants
President Obama met the governors of coal-producing states to pledge increased support for the creation by 2016 of between 5 to 10 commercial carbon capture and storage demonstration projects. The facilities would capture carbon emissions and store them underground, where they can't trap heat in the atmosphere.
White House also announced the formation of a carbon capture and storage task force to deploy the technology on a widespread scale within 10 years. The administration proposed a slash roughly $2.3 billion in coal tax subsidies over the next decade .
The Obama administration announced it was allocating $1 billion in funds to resurrect FutureGen, a proposal to create in Illinois the world's first coal-fired power plant designed to capture and bury carbon emissions underground.
Obama said "If we can develop the technology to capture the carbon pollution released by coal, it can create jobs and provide energy well into the future."
The president said he wanted 10 commercial carbon capture and storage projects up and running by 2016. Obama said that his energy agenda is centered on promoting energy efficiency and clean energy technologies, including renewables, nuclear power and carbon capture and storage at coal-fired power plants.
He feels security depends on reducing dependency on foreign powers for oil and the world’s health depends on reducing carbon emissions into the atmosphere.
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White House also announced the formation of a carbon capture and storage task force to deploy the technology on a widespread scale within 10 years. The administration proposed a slash roughly $2.3 billion in coal tax subsidies over the next decade .
The Obama administration announced it was allocating $1 billion in funds to resurrect FutureGen, a proposal to create in Illinois the world's first coal-fired power plant designed to capture and bury carbon emissions underground.
Obama said "If we can develop the technology to capture the carbon pollution released by coal, it can create jobs and provide energy well into the future."
The president said he wanted 10 commercial carbon capture and storage projects up and running by 2016. Obama said that his energy agenda is centered on promoting energy efficiency and clean energy technologies, including renewables, nuclear power and carbon capture and storage at coal-fired power plants.
He feels security depends on reducing dependency on foreign powers for oil and the world’s health depends on reducing carbon emissions into the atmosphere.
More
Labels: carbon capture, coal plants, Obama, Obama on CCS
posted by powerplantccs at
4:43 PM
1 Comments:
Now, FutureGen is in line for about $1 billion in stimulus money. The total cost is now estimated at $2.4 billion, or more than double what was once expected, according to the watchdog group, Taxpayers for Common Sense.
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