Choo Choo Chu Blows Another $Billion

Beneficial trace gas to be scrubbed away with your money, for no discernible benefit to you or the planet.

Dept. of Energy Folly Emission, June 10, 2023 [here]

Washington, D.C. - U.S. Energy Secretary Steven Chu today announced that three projects have been selected to receive up to $612 million from the American Recovery and Reinvestment Act - matched by $368 million in private funding - to demonstrate large-scale carbon capture and storage from industrial sources.

The projects - located in Texas, Illinois, and Louisiana - were initially selected in October 2009 for phase one research and development grants. Following successful completion of their Phase 1 activities, these three projects were identified as the most promising industrial CCS projects through a competitive process and will now enter into Phase 2 with additional funding to begin design, construction, and operation.

Today’s project selections are aimed at testing large-scale industrial carbon capture and storage, an important step in moving CCS technology toward eventual commercial deployment. The Obama Administration has made a goal of developing cost-effective deployment of CCS within 10 years, with an objective of bringing 5 to 10 commercial demonstration projects online by 2016. … [more]

Note: Who cares? It’s not real money, is it? Does anybody know how much kickback Choo Choo will be stuffing into his offshore bank account?

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