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The Rentech MOU contemplates the production and purchase of approximately 250 million gallons per year of synthetic jet fuel derived principally from coal or petroleum coke, with the resultant carbon dioxide sequestered and the carbon footprint potentially further reduced by integrating biomass as a feedstock. Earlier post.). Earlier post.).
PowerHouse has granted Linc Energy a perpetual, exclusive, royalty-bearing licence to use, own, fabricate and operate Pyromex (UHTG) gasification systems for above-ground coal-to-syngas production of 1 MMcf per day and greater in all territories (with the exception of the China licence which will be non-exclusive and Italy which is excluded).
That’s because coal-fired and nuclear power plants that use steam to drive a turbine typically use water—vast amounts of water—to cool and condense the steam at the exhaust." The number varies greatly, but the ConocoPhillips refinery in Billings, Montana processes 62,000 bbls of crude oil , or 2.6 million gallons per day.
Currently that means burning coal, coke, fuel oil, or natural gas, often along with waste plastics and tires. These pilot programs will need to scale up without eating profits—something that eluded the coal industry when it tried CCS decades ago.
Cap-and-trade was first tried on a significant scale twenty years ago under the first Bush administration as a way to address the problem of airborne sulfur dioxide pollution–widely known as acid rain–from coal-burning power plants in the eastern United States. Graham recently declared, “ Economy-wide cap-and-trade is dead. ” Another six U.S.
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