Carbon Sequestration is a questionable process at best. It is really nothing more than cover for being a deep injection well. Will it cause earthquakes like its liquid brothers and sister in the fracking and liquid toxic disposal business? Will it contaminate people’s water wells? Will it contaminate drinking water aquifers? Will it escape and contaminate farmland? Who knows. But they sure don’t and they should. But we pay no matter what.
http://www.sj-r.com/article/20140722/NEWS/140729848
State appeals court upholds FutureGen power agreement
By Tim Landis
Business Editor
Posted Jul. 22, 2014 @ 12:58 pm
Updated at 8:13 AM
FutureGen 2.0 won an important legal victory on Tuesday when a state appeals court ruled Illinois utilities are required to buy power from the $1.68 billion, clean-coal project under development in Morgan County.
The debate continues, meanwhile, on the long-term cost to millions of Illinois consumers, though estimates have ranged from $1 to $1.40 per month on power bills.
In a 2-1 decision, the 1st District Appellate Court upheld a December 2012 order from the Illinois Commerce Commission that the state’s utilities, including Ameren and Commonwealth Edison, purchase electricity from FutureGen 2.0 for 20 years.
Ameren serves 1.2 million electric customers in central and southern Illinois. ComEd has 3.8 million electric customers in Chicago and northern Illinois.
ComEd and a group of alternative power suppliers challenged the order, arguing the ICC exceeded its authority by ordering the purchase of FutureGen 2.0 power at above-market costs that would be passed on to customers.
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Go there and read. More next week.
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