Volume 88 Issue 25 | p. 21 | Concentrates
Issue Date: June 21, 2010

Industry Gets Funds For Carbon Capture

Department: Government & Policy
News Channels: Environmental SCENE
Keywords: carbon, sequester

The Department of Energy announced it would provide $612 million—to be matched by $368 million in private funding—for three projects to capture and sequester CO2 from industrial sources of greenhouse gases. The projects are large-scale, DOE notes, and are expected to be on-line by 2012 to 2014. Funded projects include a new methanol plant in Lake Charles, La., run by Leucadia Energy, which will capture 4.5 million tons of CO2 per year.

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