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 ?xml:namespace>
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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