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Report finds Coal-to-Liquids and Oil Shale pose significant financial and environmental risks to investors

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Ceres recently released a new report concluding that coal-to-liquid (CTL) and oil shale technologies face significant environmental and financial obstacles—from water constraints, to technological uncertainties to regulatory and market risks—that pose substantial financial risks for investors involved in such projects.

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DOE launches $20M University Coalition for Fossil Energy Research at Penn State

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DOE expects the research completed throughout the six-year initiative to accelerate the development and deployment of fossil fuel-based technologies, enabling their continued use in a cost-effective and environmentally responsible manner.

Universal 150
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DOE awarding $72M to 27 projects to develop and advance carbon capture technologies, including direct air capture

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Under this cost-shared research and development (R&D), DOE is awarding $51 million to nine new projects for coal and natural gas power and industrial sources. In prior work with DOE, MTR has advanced membrane CO 2 capture technology for coal power plants through small engineering scale testing and studies. ION Clean Energy Inc.

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DOE Selects 15 Projects Aimed at Secure CO2 Underground Storage

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Geologic storage is currently focused on five types of formations:(1) depleted oil and gas reservoirs, (2) deep saline formations, (3) unmineable coal seams, (4) oil- and gas-rich organic shales, and (5) basalts. DOE share: $1,345,541; Recipient share: $653,500; duration: 24 months).

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