Senate considers funding for carbon-capture research

06/3/2008 | Bloomberg · Hill, The

As the Senate began debate Monday on legislation to limit greenhouse gases, utility companies and the coal industry insisted public funding was needed to make carbon capture and sequestration technology a reality. The energy companies are lobbying for $20 billion in government research over 20 years, and one Senate bill under consideration would provide nearly $16 billion through 2050. But other researchers insist that money would be better spent on technologies that won't require 15 to 20 years to develop, such as wind and solar power.

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Bloomberg · Hill, The

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