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Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

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Ceres recently released a new report concluding that coal-to-liquid (CTL) and oil shale technologies face significant environmental and financial obstacles—from water constraints, to technological uncertainties to regulatory and market risks—that pose substantial financial risks for investors involved in such projects.

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California Energy Commission approves $8M grant for H2 fueling station at Port of Long Beach

Green Car Congress

The California Energy Commission approved an $8-million grant to Equilon Enterprises—a fully owned subsidiary of Shell Oil—to develop a high-capacity hydrogen fueling station to service and promote the expansion of zero-emission fuel cell electric Class 8 drayage trucks at the Port of Long Beach. s second-busiest container port.

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Alaska Native Corporation Proposes Underground Coal Gasification Project with Carbon Capture for Power Generation

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Underground coal gasification uses paired wells in a coal seam: one an oxidant injection well, the other the syngas producer well. CIRI), an Alaska Native corporation, is proposing an underground coal gasification (UCG) project that would use the resulting syngas to fuel a new 100 MW combined cycle power plant. Source: CIRI.

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Genome Alberta Announces Funding for Genomics Project to Reduce Environmental Impact of Oil Sands Production

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Gerrit Voordouw at the University of Calgary, will sample and explore the biological processes at work in oil wells, oils sands, tailings ponds, and coal beds. In 2007, BP and Synthetic Genomics—founded by genome pioneer J Craig Venter, Ph.D.—entered Tags: Biotech Oil sands. Genome Alberta announced C$25.2

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MIT Report Finds Natural Gas Has Significant Potential to Displace Coal, Reducing Greenhouse Gas Emissions; Role in Transportation More Limited

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Natural gas will play a leading role in reducing greenhouse-gas emissions over the next several decades, largely by replacing older, inefficient coal plants with highly efficient combined-cycle gas generation, according to a major new interim report out from MIT. The first two reports dealt with nuclear power (2003) and coal (2007).

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GE Technology Selected for Hydrogen Energy IGCC Project in California

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would be designed to capture up to 90% of its carbon dioxide for enhanced oil recovery and sequestration in an adjacent oil field. In 2007, GE and BP formed a global alliance to jointly develop and deploy technology for at least five IGCC power plants that could significantly reduce carbon dioxide emissions from electricity generation.

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Obama Announces Steps to Boost Biofuels, Clean Coal; RFS2, BCAP, BIWG and Carbon Capture and Storage Task Force

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In addition, President Obama issued a Presidential Memorandum creating an Interagency Task Force on Carbon Capture and Storage to develop a comprehensive and coordinated federal strategy to speed the development and deployment of advanced lower-emission coal technologies. President Obama. Renewable Fuels Standard (RFS2).

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