Last week, Governor Manchin told a U.S. Chamber of Commerce meeting in Washington, that carbon capture and storage (CCS) technology deserves a financial commitment commensurate with coal’s 50 percent share of the U.S. electricity market. He said, "If 50 percent of the energy is produced by coal, then proportionately, there should be that type of effort going back" into CCS technology development.” He called for, “monies collected through carbon credits or carbon taxes should help finance CCS technology projects.” Governor Manchin, the incoming chairman of the Southern States Energy Board, joined with Senator Rockefeller in calling on Congress to step up funding for the development of CCS technologies that will provide sustainable energy and employment. Manchin warned that cap and trade would add substantial costs to coal use, and would "drive down our industrial jobs."
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