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US Energy Secretary Steven Chu announced today the selection of three new projects with a value of $3.18 billion to accelerate the development of advanced coal technologies with carbon capture and storage at commercial-scale. Secretary Chu made today's announcement on a conference call with Governor Joe Manchin, Senator Jay Rockefeller, and President of American Electric Power Company, Inc., Mike Morris. These projects will help to enable commercial deployment to ensure the United States has clean, reliable, and affordable electricity and power. An investment of up to $979 million, including funds from the American Recovery and Reinvestment Act, will be leveraged by more than $2.2 billion in private capital cost share as part of the third round of the Department's Clean Coal Power Initiative (CCPI). "By harnessing the power of science and technology, we can reduce carbon emissions and create new clean energy jobs. This investment is part of our commitment to advancing carbon capture and storage technologies to the point that widespread, affordable deployment can begin in eight to ten years," said Secretary Chu.

US Energy Secretary Steven Chu announced today the selection of three new projects with a value of $3.18 billion to accelerate the development of advanced coal technologies with carbon capture and storage at commercial-scale. Secretary Chu made today's announcement on a conference call with Governor Joe Manchin, Senator Jay Rockefeller, and President of American Electric Power Company, Inc., Mike Morris. These projects will help to enable commercial deployment to ensure the United States has clean, reliable, and affordable electricity and power. An investment of up to $979 million, including funds from the American Recovery and Reinvestment Act, will be leveraged by more than $2.2 billion in private capital cost share as part of the third round of the Department's Clean Coal Power Initiative (CCPI). "By harnessing the power of science and technology, we can reduce carbon emissions and create new clean energy jobs. This investment is part of our commitment to advancing carbon capture and storage technologies to the point that widespread, affordable deployment can begin in eight to ten years," said Secretary Chu.

US Energy Secretary Steven Chu announced today the selection of three new projects with a value of $3.18 billion to accelerate the development of advanced coal technologies with carbon capture and storage at commercial-scale. Secretary Chu made today's announcement on a conference call with Governor Joe Manchin, Senator Jay Rockefeller, and President of American Electric Power Company, Inc., Mike Morris. These projects will help to enable commercial deployment to ensure the United States has clean, reliable, and affordable electricity and power. An investment of up to $979 million, including funds from the American Recovery and Reinvestment Act, will be leveraged by more than $2.2 billion in private capital cost share as part of the third round of the Department's Clean Coal Power Initiative (CCPI). "By harnessing the power of science and technology, we can reduce carbon emissions and create new clean energy jobs. This investment is part of our commitment to advancing carbon capture and storage technologies to the point that widespread, affordable deployment can begin in eight to ten years," said Secretary Chu.

"Dreams of braking global warming by storing carbon emissions from power plants could be undermined by the risk of leakage, according to a study published on Sunday. Rich countries have earmarked tens of billions of dollars of investment in carbon capture and storage (CCS), a technology that is still only at an experimental stage. Under CCS, carbon dioxide (CO2) would be snared at source from plants that are big burners of oil, gas and coal. Instead of being released into the atmosphere, where it would contribute to global warming, the gas would be buried in the deep ocean or piped into underground chambers such as disused gas fields. CCS supporters say the sequestered carbon would slow the pace of man-made warming. It would buy time for politicians to forge an effective treaty on greenhouse gases and wean the global economy off cheap but dirty fossil fuels."

Yesterday, House Democrats revealed their proposed stimulus package totaling $825 billion. As hoped, money for renewable energy and efficiency make up 54 billion of those dollars. The biggest proportion, $11 billion, would go towards creating a smart grid, which is dramatically shy of the $400 billion Al Gore thinks should be set aside. Here's a list of some of the larger energy incentives. * $11 billion for investment in smart-grid technologies * $8 billion in loan guarantees for renewable energy and transmission * $6.9 billion for energy efficiency help to state and local governments * $6.7 billion for retrofits to federal buildings * $6.2 billion for home weatherization, targeted at low-income families * $2.4 billion for carbon sequestration * $2 billion for loans guarantees and grants to automobile battery-makers

New research from Stanford University ranks wind power as the most promising alternative source of energy. Titled Review of solutions to global warming, air pollution, and energy security, the report from civil and environmental engineering professor Mark Z. Jacobson ranks the world's energy options -- putting wind, concentrated solar and geothermal at the top of the list, and nuclear power and coal with carbon capture and sequestration in a tie for dead last. ... From his findings, Jacobson is able to suggest that the U.S. government invest money and create jobs around the development of wind, solar and geothermal: "There is a lot of talk among politicians that we need a massive jobs program to pull the economy out of the current recession," Jacobson said. "Well, putting people to work building wind turbines, solar plants, geothermal plants, electric vehicles and transmission lines would not only create jobs but would also reduce costs due to health care, crop damage and climate damage from current vehicle and electric power pollution, as well as provide the world with a truly unlimited supply of clean power."

The facts are pretty simple, the U.S. Department of Energy said: "Burning coal is the dirtiest way we produce electricity." And yet oddly the Obama administration, which has embraced climate legislation and green jobs, is a supporter of the oxymoronic "clean coal." The White House Web site proclaims that one of Obama's priorities is to, "develop and deploy clean coal technology." And Obama isn't the only who is helping to spread the "clean coal" myth. The new stimulus bill, which just passed Congress, calls for $3.4 million for "fossil energy research," which refers to carbon dioxide sequestration projects (more on the problems with that below) -- the key component in the "clean coal" fantasy.