NAM Official says CO2 capture project will boost economy.
Press Release Summary:
United States intends to have technology for coal-fired power stations to capture and store CO2 emissions ready for commercial deployment within decade, according to U.S. Energy Secretary Steven Chu. In response to Chu's statement, Keith McCoy of NAM said that building large-scale, near-zero-emissions power plants will support continued economic viability of nation's manufacturing base, create high-wage sustainable jobs, and improve global environment.
Original Press Release:
NAM Supports Carbon Capture Project
Near-Zero-Emissions Power Plants Will Support Economic Growth
WASHINGTON, D.C., October 13, 2009 - The National Association of Manufacturers (NAM) Vice President for Energy and Resources Policy Keith McCoy today issued the following statement in response to an announcement by U.S. Energy Secretary Steven Chu that the United States intends to have technology for coal-fired power stations to capture and store their carbon dioxide emissions ready for commercial deployment within a decade:
Clean coal technology is a vital component to putting America on the road to a low carbon energy infrastructure. The development and deployment of clean coal technologies will allow our nation's electric utilities to cleanly utilize this nation's most abundant and reliable domestic energy resource. Building large-scale, near-zero-emissions power plants will support the continued economic viability of our nation's manufacturing base, create high-wage sustainable jobs, and continue to improve our global environment. We applaud Secretary Chu's commitment and urge Congress to continue to fund and expedite vital demonstration projects and the Clean Coal Power Initiative (CCPI).
The National Association of Manufacturers is the nation's largest industrial trade association, representing small and large manufacturers in every industrial sector and in all 50 states. Headquartered in Washington, D.C., the NAM has 10 additional offices across the country. Visit www.nam.org for more information about manufacturing and the economy.
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