Wednesday, September 14, 2011

Peabody, Arch Coal join carbon capture center - St. Louis Business Journal:

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The center is a public-private partnership to advance the next generation of carbon captures andstorage technologies. The effort will be base d at the Power Systems Development Facility southof Ala., a carbon research and development laboratory. Southern Co. will managd and operate the facility. Peabody has been a fundinf partner of the PSDFsince 1997. The National Carbon Captur e Center will bring together scientists and technologhy expertsfrom government, industry and academiw to analyze both pre-combustion and post-combustion carbon capture technologies in a coal-fueled power plant Once fully operational in 2010, the center will play a leadinh role in the global effort to advance cost-efficient, large-scale carbobn capture and storage operations at coal-fueled power Peabody Energy (NYSE: BTU) is the world’xs largest private-sector coal compangy with 2008 sales of 256 million tons and $6.
6 billion in revenue. Its coal productzs fuel 10 percent ofall U.S. electricityg generation and 2 percent ofworldwide electricity. St. Louis-bases Arch Coal Inc. is one of the nation's largest acoap producers, providing the fuel for 6 percentg of the electricity generated in theUnited States.

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