February 12th, 2009
Carbon 2009: make or break year?
Emerging Energy Research predicts 2009 will be a crucial year for the coal industry and its move toward carbon capture technology. EER estimates that $20 billion has already been earmarked for various carbon sequestration projects. It is becoming clear to the coal industry, its utility and industrial customers that some way to capture CO2 emissions will be necessary to keep the coal fires burning.
The largest value of the projects is in Europe, followed by the U.S. Here’s EER’s chart, the numbers represent billions of dollars.
A newsman since 1969, Harry Fuller has worked for CBS, ABC, CNBC Europe, CNET and was founding news director at TechTV. See his full profile and disclosure of his industry affiliations.
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