The U.S. Department of Energy announced cancellation of the FutureGen project that was scheduled for construction in Illinois. It will be curious to follow the discussions surrounding this decision over the next few days as coal opponents will probably declare some sort of victory while DoE officials will attempt to explain their decision through cost escalations. Interestingly, several utilities are seemingly getting closer each day to "no emissions" plants as they continue to modernize with additional control technologies. We must continue to remind the country and the policy makers that coal provides more than 12 hours of electricity to Americans each day!
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