(Source: MARKETWIRE)

Shortly before 7:00 p.m. Eastern Daylight Time on October 1, the
U.S. Power Industry officially entered the carbon sequestration era.
That's when officials from American Electric Power (NYSE:AEP)
(Columbus, Ohio) and Alstom Power, a unit of Alstom SA (EPA:ALO)
(Levallois-Perret, France), pushed a button to begin sequestering
carbon-dioxide emissions from AEP's Mountaineer Power Station in New
Haven, West Virginia. As evidence has mounted that burning fossil
fuels is connected to an increase in atmospheric concentrations of
carbon dioxide, utilities and coal companies have stepped up their
search for cost-effective ways to reduce carbon-dioxide emissions
from fossil fuel combustion. It may not be too much to suggest that
the future of coal is riding on the results of the Mountaineer CCS
validation project.
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