Open AccessCarbon storage initiatives at energy department
Author(s) -
Showstack Randy
Publication year - 2009
Publication title -
eos, transactions american geophysical union
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.316
H-Index - 86
eISSN - 2324-9250
pISSN - 0096-3941
DOI - 10.1029/2009eo250007
Subject(s) - alliance , greenhouse gas , carbon capture and storage (timeline) , carbon sequestration , engineering , business , environmental economics , political science , economics , climate change , ecology , carbon dioxide , law , biology
The U.S. Department of Energy (DOE) recently announced several initiatives related to carbon capture. On 12 June, DOE secretary Steven Chu announced an agreement with the FutureGen Alliance that advances construction of the country's first commercial‐scale, fully integrated carbon capture and sequestration project in Mattoon, Ill. After estimating costs and doing other assessments, DOE and the alliance will decide in 2010 whether to move forward or discontinue the project. “Developing this technology is critically important for reducing greenhouse gas emissions in the U.S. and around the world,” said Chu. The total anticipated financial contribution for the project is $1.1 billion from DOE and $400–600 million from the alliance.