The EPA has proposed regulations mandating new coal-fired power plants to use carbon capture technology, and only this option, to meet stringent new air quality guidelines. This should hopefully move the industry towards gas fired plant construction, as we advocated in a recent post. Carbon capture has been studied and prototyped by MIT and other high powered academic engineering groups, but it is unproven on an industrial scale and costs will probably exceed early estimates.
It is a good thing that the Administration has finally put something on the table for public comment.
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