September 2004

Trends and Resources

HP Impact: HPImpact: Innovative proposal for financing clean coal technology

A new financing proposal from Harvard's Kennedy School of Government could make clean coal technology commercially viable in the US. The plan would bring together the federal government, public util..

Weirauch, Wendy, Hydrocarbon Processing Staff

A new financing proposal from Harvard's Kennedy School of Government could make clean coal technology commercially viable in the US. The plan would bring together the federal government, public utility commissions and investors in a "3-Party Covenant" to reduce financing costs for clean coal plants. Its objective is to make them competitive with traditional coal plants. Clean coal process. The technology, known as "integrated gasification combined cycle" (IGCC), is the cleanest way known to make electricity from coal. Not only does it drastically reduce emissions of mercury, nitrous oxide and sulfur dioxide as compared with traditional coal plants, but it can separate emission

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