Clean coal and America’s economic recovery
This isn’t the first time the president has stressed energy when speaking about our economy. Way back in February, Obama told Congress we need to invest in all of our energy resources – wind and solar, advanced biofuels and clean coal.
And he’s right; investment in new energy technology will undoubtedly be a boon for our country’s economy. And clean coal will be a big part of that.
In a report conducted by BBC Research and Consulting, a coalition of key labor groups found that deployment of advanced coal-based electricity generation facilities (power plants) equipped with carbon capture and storage (CCS) technologies that reduce carbon dioxide emissions could generate $1 trillion of economic output and create between 5 million and 7 million man-years of employment during construction and a quarter of a million permanent jobs.
As we’ve reported before, President Obama and key members of his administration have expressed their support for CCT on multiple occasions, and its potential economic and environmental benefits make it clear why.
this article has a lot of figures but it is shy of the real cost of coal fired power plants. Such as the health costs,effects of global warming.For Michigan bringing coal from the west uses a lot of train power putting a lot of oily smoke in the air.Clean coal is an industry term and it does not cosider all issues. we need a real change.
Posted by: Billy Beemon | April 16, 2009 at 11:12 PM
aside from mining accidents and on the job injuries at coal fired generating stations, i dont know that there are any significant health costs from burning coal for electricity.
there isnt a coal plant anywhere near where i live and i see plenty of particulates floating in the air from plants and dust.
i would think that a coal train would pollute a lot less than thousands of fireplaces burning for cooking and heat in cold michigan winters.
maybe you have miscalculated the real costs.
Posted by: scott t | April 18, 2009 at 01:02 PM