Aug 10, 2009 | 2
A large, coal-burning utility in the U.S. and another in China have agreed to cooperate to develop methods to more cleanly burn coal, including so-called carbon capture and storage technology. Duke Energy will partner with China's Huaneng Group to further develop and build technologies to gasify coal and strip it of its impurities, including the carbon dioxide that would otherwise be released into the atmosphere from coal burning. As it stands, Huaneng releases some 285 million metric tons of CO2 per year while Duke emits 112 million metric tons, according to data from the Center for Global Development, a Washington, D.C.-based thinktank.
"We find ourselves at a pivotal point in world history," said Duke Energy CEO Jim Rogers in a statement announcing the partnership. "China has committed to rapidly developing clean-energy technologies, as has the U.S.… Working together, the U.S. and China can commercialize and drive down the cost of these technologies for the benefit of the entire world."
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The Dow Chemical Company is the leading producer of polyalkylene glycols (PAGs) used in synthetic fluids and lubricants where petroleum,
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