Another green one bites the dust

DOE announced last week it would close the $1.65B FutureGen project.  “It was one of many federal energy projects experimenting in so-called “clean coal” technology. FutureGen sought to demonstrate the technical capabilities of carbon capture and sequestration (CCS) technology. CCS attempts to capture carbon dioxide emissions from coal-fired power plants and store it underground, eliminating an increase in atmospheric carbon dioxide.”

The CATO article at this link includes a useful link to a list of failed, federally subsidized energy programs.  http://www.cato.org/blog/admitting-futuregens-failure

http://www.downsizinggovernment.org/energy/energy-subsidies

About budbromley

Life sciences executive, retired
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