"DOE Revives FutureGen, Reversing Bush-Era Decision"

"The Obama administration gave conditional support today for a federal-industry partnership that would build an advanced coal-burning power plant in Illinois to trap and store carbon dioxide emissions, reversing a Bush-era decision to abandon the FutureGen project.

The Energy Department plans to contribute slightly more than $1 billion to the project. The announcement follows pressure from Illinois lawmakers -- including Dick Durbin, the Senate's No. 2 Democrat -- who had savaged former Energy Secretary Samuel Bodman's decision to abandon the plan early last year.

With a former Illinois senator now in the White House, DOE has changed directions on FutureGen. President Obama's Energy secretary, Steven Chu, today announced a 'provisional agreement' with the FutureGen Alliance, a consortium of major coal and utility companies such as American Electric Power Co. Inc. and Peabody Energy Corp."

Ben Geman reports for Greenwire June 12, 2009.

See Also:

"U.S.-Private Bid to Trap Carbon Emissions Is Revived" (New York Times)

Source: Greenwire, 06/15/2009