A little more than two years ago, Vice President Joe Biden indirectly confirmed that Carbon Dioxide, as it arises in only a very small way, relative to natural sources of emission such as volcanoes, from our essential use of Coal in the generation of truly economical electric power, is a valuable raw material resource.
As we explain, following brief introductory excerpts from the above link to:
"Vice President Biden Announces Recovery Act Funding for 37 Transformational Energy Research Projects
Thursday, April 29, 2010
Washington, DC – At a Recovery Act Cabinet Meeting today, Vice President Joe Biden and Secretary of Energy Steven Chu announced that the U.S. Department of Energy is awarding $106 million in funding for 37 ambitious research projects that could fundamentally change the way the country uses and produces energy. Funded through DOE’s Advanced Research Projects Agency-Energy (ARPA-E), the $106 million is awarded to projects that could produce advanced biofuels more efficiently from renewable electricity instead of sunlight ... and remove the carbon pollution from coal-fired power plants in a more cost-effective way.