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May 15, 2009 | 6
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How can a Nobel Prize–winning physicist—now the nation's energy secretary—get a bunch of coal industry folks to sit up and take notice during a keynote speech? How about by announcing that the feds are planning to dispense $2.4 billion to research and develop so-called clean coal technology?
In fact, that's exactly what Steven Chu did today at a meeting of the National Coal Council in Washington, D.C., where he announced that the government plans to add another $800 million to the Clean Coal Power Initiative pot of cash designed to explore new ways to cut acid rain, smog and mercury pollution as well as $1.5 billion to probe carbon dioxide capture and storage (rather than venting it) from heavy emitters other than power plants (think: cement manufacturers and refineries).
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