10 June 2008 23:41 [Source: ICIS news]
HOUSTON (ICIS news)--A new power plant project was announced on Tuesday, raising the possibility of a cleaner use of coal that, if adopted nationwide, could alleviate US demand for natural gas and make more of the feedstock available for petrochemicals.
If the $6m (€3.84m), 50-MW plant in
The plant would sequester carbon dioxide emissions underground, possibly creating an environmental incentive to invest in similar facilities in the future.
State governor David Paterson lauded the plant as a step toward
“We must act immediately to find ways to generate electricity, use energy wisely, maintain energy diversity and create jobs locally,”
($1 = €0.64)
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