Clean Coal Technology Will Aid Energy Security, Hydrogen Economy and Slow Climate Change, Says The Thinking Companies
Posted on: Wednesday, 7 December 2005, 15:00 CST
The seeds of the hydrogen economy lie buried in the coal beds of North America. "Wise companies will get in on the ground floor of clean coal technology in order to be best positioned for the hydrogen economy of the future," says Peter R. Savage, CEO of The Thinking Companies, an energy think tank. "We applaud the Bush Administration's launch of the FutureGen project. The companies who will profit from a coal-based hydrogen economy are those who are willing to invest in today's and tomorrow's clean coal technologies," notes Savage, the co-author of "Back To Coal: Why Utilities Must Reconsider This Cheap, Plentiful Fuel."
"Back to Coal" is a highly readable, comprehensive report that tells you in detail:
-- How coal combustion has progressed, detailing many new efficiency improvements
-- Why coal gasification is now a realistic contender for electricity generation
-- What's emerging in the way of efficient clean-up techniques to solve SOx, NOx and mercury problems
-- How gasification-based IGCCs will help utilities be the founders of a hydrogen economy, if they choose
-- How we've made progress in CO2 sequestration
-- How coal will beat the path to energy independence, long before renewables can hope to contribute
"Clean coal technology can provide energy that doesn't pollute, uses cheap, domestically available fuel, and supports the US workforce," says co-author Shirley Strzelecki Savage. "You can't outsource energy production," she notes, "so why would you want to import a fuel source like LNG? It doesn't make sense."
The $250 plus S&H, 238-page techno-economic study, which includes a detailed appraisal of current and future clean coal technologies and their economics, is available now. Order online at http://www.thinkingenergy.com/coal.html, by e-mail at coalreport@thinkingenergy.com or by calling 207-829-3223.
Source: Business Wire
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