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AEP to ditch carbon capture, clean coal plan

Utility American Electric Power plans to announce on Thursday that it will suspend its project to capture the carbon emissions, at a commercial scale, from a coal plant in West Virginia, reports the New York Times. Read More »

UK Stands By Green Energy Amid Big Budget Cuts

The UK government unveiled major spending cuts today, taking bites out of welfare benefits and other public programs while pledging to provide £2.2 billion pounds (about $3.5 billion USD) for renewable energy and carbon capture projects and preserving a feed-in tariff for solar power. Read More »

 
 

Calera Corp., a startup working to capture emissions from industrial flues and recycle it into pavement and building materials, has won a $19.9 million vote of confidence in a government program for projects recycling carbon emissions in to useful projects. Read More »

If six research projects awarded funding by the Department of Energy this week pan out, they could enable tons of captured carbon to be put to use as a building block for chemicals, fuels, concrete and other products. Read More »

Sequoia Capital-backed carbon capture startup C12 Energy now has “several early stage CCS projects,” in the works, according to testimony from founder Kurt House, who pulled back the curtain on what he sees as keys and challenges for deployment of carbon capture tech. Read More »

Peabody Energy, the world’s largest coal company, has taken a shine to an idea from a Silicon Valley startup to capture and recycle carbon emissions. The coal giant announced today that it has invested $15 million into 3-year-old Calera, which has developed technology to capture… Read More »

Updated: From where Codexis stands, the market for initial public offerings is looking up. The 7-year-old startup — which develops catalysts for drug and fuel production, and aims to break into carbon capture — filed a prospectus for an IPO of up to $100… Read More »

Daily Sprout

Wildlife vs. Energy in the Mojave: Sen. Dianne Feinstein (D-Calif.) says she plans to introduce legislation today to establish two national monuments on roughly 1 million acres of Mojave Desert outback…Its centerpiece, Mojave Trails National Monument, would prohibit development on 941,000 acres of federal land and… Read More »

Should developed countries be able to meet their targets for reducing greenhouse gas emissions by investing in carbon capture projects in developing nations? That’s one of the many questions negotiators in Copenhagen have considered this week at the ongoing international climate talks, weighing the case for… Read More »

Codexis, a Redwood City, Calif.-based startup that counts oil giants Shell and Chevron among its backers, is in the business of so-called evolved biocatalysts: It takes a natural microbe or enzyme and tweaks the DNA sequences to create new variants, then searches for the variants best… Read More »

Three carbon capture and sequestration projects valued at a total of $3.18 billion have scored $979 million in stimulus funds, according to a release from the Department of Energy. In all, the three projects — each a commercial-scale demonstration of a heretofore experimental technology… Read More »

Daily Sprout

Dutch to Try Road Tax Alternative: The Dutch government has approved a plan to replace the annual road tax on cars with mileage fees in an effort to reduce traffic congestion and vehicle emissions. Starting in 2012, GPS devices will be used to monitor vehicles, tracking… Read More »

More Must Reads

Carbon capture technology is like a half-baked web tool, according to Google’s CEO Eric Schmidt: in need of some “debugging.” The chief of the search engine giant made the comments at Google’s headquarters this morning, where he interviewed Secretary of Energy Steven Chu. Chu, who… Read More »

No fewer than 100 large-scale carbon capture and storage projects within about a decade, at a cost of some $56 billion — that’s what International Energy Agency chief Nobuo Tanaka said the world needs in order to help address climate change, Reuters reports. And… Read More »

“Carousel Fraud” Strikes Carbon Markets: Carbon credit fraudsters are increasingly “setting up complicated import and export schemes between EU member countries, charging buyers for value-added tax in the country of destination, and then absconding with the tax rather than handing it over to the governments.” —… Read More »

So much for the “rapid restart” that Department of Energy Chief Steven Chu had in mind for the FutureGen project, a controversial public-private initiative to test experimental carbon capture and storage technology at a new 275 MW coal plant. Less than two weeks after Chu… Read More »

Noble Nixes IPO Plans: Connecticut-based wind developer Noble Environmental Power has withdrawn its registration, filed last year, for a $375 million initial public offering. — Mass High Tech GM Suspends China Import Plans: Under pressure from the United Auto Workers union and members of Congress, General… Read More »

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