New Clean Coal Technology Hits a Rough Patch
One of the arguments of nuclear power proponents (like me) is that other technologies are unproved. A case in point is "clean coal," in which C02 will be stored underground "permanently." Well, that sets my radar off -- nothing in the world is permanent.
And sure enough, we read this in the Washington Post this morning ...
Energy Dept. Might Drop Support for FutureGen Power Plant
Energy Secretary Samuel P. Bodman told lawmakers yesterday that the Bush administration might drop its support for a $1.5 billion coal-fired power plant designed to store greenhouse gases underground, citing mounting cost estimates and other possible technologies.
I think nuclear power is looking better and better. Whatever the solution, we better get working on it soon.
And sure enough, we read this in the Washington Post this morning ...
Energy Dept. Might Drop Support for FutureGen Power Plant
Energy Secretary Samuel P. Bodman told lawmakers yesterday that the Bush administration might drop its support for a $1.5 billion coal-fired power plant designed to store greenhouse gases underground, citing mounting cost estimates and other possible technologies.
I think nuclear power is looking better and better. Whatever the solution, we better get working on it soon.
Check out my new gold and energy blog at MoneyAndMarkets.com
posted by Sean Brodrick @ 6:35 AM
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