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Wednesday, 06/03/2009 9:04:00 AM

Wednesday, June 03, 2009 9:04:00 AM

Post# of 6658
Never though about this. Possible rev stream in the coming years.


Million Tons of CO2 Will Be Injected Under Illinois
WASHINGTON, DC, December 20, 2007 (ENS) - Millions of tons of the greenhouse gas carbon dioxide will be injected deep underground for storage expected to last for thousands of years in a series of projects funded by the U.S. Department of Energy in all regions of the country. Generated by burning fossil fuels, if allowed to escape into the atmosphere, the gas will intensify global warming.

The Energy Department plans to invest $197 million over 10 years for the seven projects, subject to annual appropriations from Congress. Their estimated value, including partnership cost share, is $318 million.

On Tuesday, the Energy Department awarded $66.7 million to the Midwest Geological Sequestration Consortium for a large-scale carbon sequestration project. The partnership, led by the Illinois State Geological Survey, will conduct tests in the Illinois Basin.