Data on Coal Industry R&D Spending on CCS

Attributed Authors: Daniel Weiss, et al. Published: Apr 2009
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Despite industry advertising to the contrary, an analysis by the Center of American Progress determined that ACCCEs companies spend relatively few dollars conducting research on carbon capture and storage, among the most promising clean coal technology to reduce global warming pollution from coal-fired power plants. This technology would allow power plants to capture 85 percent or more of their carbon dioxide emissions and permanently store them underground in geological formations.

The coal and utility industries have spent millions of dollars to oppose mandatory reductions in global warming pollution until CCS is commercialized, yet have invested little in the CCS research needed to effectively deal with the challenge they face.

Tags: coal subsidies ccs coal R&D