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Energy Department Scraps FutureGen Plant
The Energy Department is scrapping plans for an $18 billion cutting edge zero-emissions coal plant for which sites in Central and West Texas were finalists.
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(January 30, 2008)--The Energy Department Wednesday canceled a $1.8 billion emissions-free power plant, which was to have been built in Illinois.
Sites in Jewett in Central Texas and near Odessa in West Texas were among the four finalists for what supporters thought would be a multi-million dollar economic boost.
FutureGen officials, however, settled on the site in Mattoon, Ill.
DOE, however, complained about the ballooning costs of the FutureGen plant.
The federal agency says it prefers to spend the money on a handful of projects around the country that would develop carbon capture and underground storage from coal power plants.
Energy Secretary Samuel Bodman called it an "all-around better deal for Americans."
The shift has stunned officials in Illinois, who made a last ditch appeal to President Bush aboard Air Force One today to keep the project intact.
They failed.
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