Feds to fund two CO2 projects
Posted on: Wednesday, 1 July 2009, 13:18 CDT
U.S. Energy Department Secretary Steven Chu says two power plants will receive $408 million to use advanced technologies to cut carbon dioxide emissions.
The Basin Electric Power Cooperative will receive $100 million for an existing power plant in Beulah, N.D., and Hydrogen Energy International LLC will receive $308 million for a new facility in Kern County, Calif. The funding for both projects will come from the American Recovery and Reinvestment Act.
Today's announcement represents a major step forward in the fight to reduce CO2 emissions from coal-based power plants,
Chu said Wednesday. These new technologies will not only help fight climate change, they will also create new jobs and position the United States as a leader in carbon capture and storage technologies for many years.
Officials said the selected proposals will employ different technological concepts to achieve at least 90 percent carbon dioxide capture efficiency.
Source: United Press International
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