Obama admin keeps trying to help coal industry, coal industry keeps whining
http://grist.org/news/obama-admin-keeps-trying-to-help-coal-industry-coal-industry-keeps-whining/
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It would be nearly impossible for any new coal power plants to meet stringent climate regulations proposed by the Obama administration without using carbon-capturing technology. But never fear, coal industry. Here comes Energy Secretary Ernest Moniz, reassuring you that the technology is ready and sprinkling public research funds like fly ash over your sector just to be sure.
Carbon capture involves funneling carbon dioxide produced by power plants deep beneath the ground, where it should do the climate no harm. Theres plenty of space beneath some parts of North America where the greenhouse gas could be stashed (sorry, coal-burning Wisconsin, not so much near you, though). But so far affordable methods for injecting CO2 underground remain out of reach.
On Thursday, Moniz announced nearly $84 million in grants to help make economical carbon-capture technology a reality.
As part of the presidents all-of-the-above approach to develop clean and affordable sources of American energy, the projects announced today will focus on the next generation of carbon capture technologies helping to drive down the cost, increase efficiency and ensure Americas continued international leadership in combating climate change, Moniz said.