Reuters: Ballooning construction costs that nearly doubled the price tag for building the world’s cleanest coal-burning power plant to US$1.8 billion prompted the US Energy Department on Wednesday to pull the plug on funding the project. A consortium of utility and coal companies in December picked a site in Mattoon, Illinois, to build the so-called FutureGen plant, which would burn coal and sock away heat-trapping carbon dioxide emissions underground. However, the Energy Department, …
US Scraps Plan for Biggest Clean-Coal Power Plant
Reuters: Ballooning construction costs that nearly doubled the price tag for building the world’s cleanest coal-burning power plant to US$1.8 billion prompted the US Energy Department on Wednesday to pull the plug on funding the project. A consortium of utility and coal companies in December picked a site in Mattoon, Illinois, to build the so-called FutureGen plant, which would burn coal and sock away heat-trapping carbon dioxide emissions underground. However, the Energy Department, …
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