by David Anthony It’s true. Cleantech investment hasn’t worked out exactly how people dreamt it would back in the overly-optimistic days of the last decade. One of the main obstacles deterring venture capital investors from the sector is the frequently lengthy time lag between investment and commercialization. More importantly, the number of successful cleantech exits [...]
by Richard T. Stuebi As reported a few months ago by the Associated Press, a number of new coal-fired powerplants are now under construction in the U.S. without the ability to capture and sequester carbon dioxide emissions. One passage from the article stands out: “The expansion, the industry’s largest in two decades, represents an acknowledgement that [...]
by Richard T. Stuebi At the recent Western Energy Summit, Dr. Steven Koonin (Undersecretary of Science at the U.S. Department of Energy) made a speech with some eye-opening tid-bits. In this review on GreenTechMedia, Koonin is quoted as saying about the daunting challenges in moving away from fossil fuels: “We have limited time and limited [...]
FutureGen is the major US Department of Energy backed effort to pilot a technological solution to prove that carbon capture and sequestration from coal fired power plants is possible. At a slated price tag of $1.5 Billion ($1 Bil estimated originally, now estimated at $1.8 Billion), it is one heck of a science project – [...]
