ADA-ES Testifies at Senate Subcommittee Hearing on Coal: A Clean Future
Posted on: Friday, 27 April 2007, 09:00 CDT
ADA-ES, Inc. (NASDAQ:ADES) today announced that its Director of Clean Coal Technology, Dr. Nina French, presented testimony at a Senate Subcommittee Hearing on Coal: A Clean Future on April 26.
The focus of the hearing was the utility of tax incentives in encouraging the development of technology for clean coal. ADA-ES' testimony discussed the importance of using R&D funding and tax incentives as a catalyst to stimulate the development of cost effective technology to control emissions from coal-fired power plants and the role these will play in helping the power industry address control of carbon dioxide.
ADA-ES' oral and written testimony was based on its experience in developing the mercury control market with support from government R&D funding. ADA-ES also addressed the Section 45 Tax Credit, which motivated the Company to develop a Refined Coal product. This product is produced from chemically modifying coal characteristics resulting in reduced emissions. ADA-ES has recently recommended an amendment to this rule to clarify pricing issues and simplify enforcement.
The complete written testimony submitted by ADA-ES is available on the Company's web site at www.adaes.com.
About ADA-ES
Headquartered in Littleton, CO, ADA-ES is a leader in clean coal technology and the associated specialty chemicals. The Company develops and implements proprietary environmental technology and specialty chemicals that enable coal-fueled power plants to enhance existing air pollution control equipment, maximize capacity and improve operating efficiencies. Through its largest and fastest-growing segment, Mercury Emission Control, ADA-ES supplies activated carbon injection systems, mercury measurement instrumentation, and related services. Additionally, the Company is implementing plans to produce and supply activated carbon.
Source: Business Wire
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